Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

jersey,

The dollar amounts depend on the face value, cumulative status and class claim.

I programmed all that into a spreadsheet and backed out the percentages based on the theory 51% of an NOL tax impound account would preserve a cash balance to go to equity holders upon discharge.

I also had to assume a LIBOR rate for the D's.

There is $9.73B of Preferrds & CT FV. $7.65B is non-cumulative.

mojo