Lehman Brothers Holdings Inc. (fka LEHCQ)

[WG1mil]

thanks for the post. seems like I may need to put some money in here to. Was going to throw a few dollars at LEHJQ but CQ sounds like it would end up better for me in the end. Obviously from my simple questions I am new to investing. Last question from the newb...how are the dividends calculated? off of the par value on the prospectus? current value? I didn't see a preferred liquidation on the prospectus as i did on the WAMPQ. What is the formula for this?

par value of $1.00(or pps today? or 50$ face)x5.94%/10??