Lehman Brothers Financial SA (LEHNQ)

[camaro4me]

I thought our dividends were re-allocated to a higher class.

~ Jersey’ Your Welcome and Thanks To “ALL” For ALL You Do ~

I’ll re quote what HighWayMan, posted earlier ...

Quote:
”The dividends are suspended. They have not been paid since the bk began. The distributions that were reallocated are not the dividends.”


... One of My Personal Brokers (“Schwab”) properly monitors my investments, directly to their functionality ... as of today specifically, The LEHNQ’s ... as a Preferred / Equity class, SUPPORTED by a Capital Trust’ (that’s important) have their functioning dividends being reported in proper form, both by date and interest rate ...

And again, as HighWayMan, and Cotton, have stated, ... the CT “accumulation” has been placed in suspension due to the Bankruptcy ... But their functioning process can not be changed ...

So, ... the way I’m viewing the process, ... the return of the CT’s accumulation hasn’t been formally decided by the Court ... YET’ ... however, ... the CT’s Capital Trust support and their dividends function, ... will move forward either way ...

Of course we would all like to see the accumulation returned, ... but if that doesn’t happen, ... getting a 6% plus quarterly return until 2054 once this Bk ends, ... isn’t so bad either ... just my opinion ...

(Capital Trust Supported Investments are my Thing’,) ...

Thanks Guys,

AZ