Lehman Bros 7.25% Pref'd Series P (fka LEHPQ)

[Chiron]

WAMPQ is at $30 because there is a damn good chance of a settlement that could see it get 10% or more of face value ($100+).

I'm not sure why this is running , I think it's because people see the same potential eventually for Lehman. I think $5 could be broken here tomorrow, $30... not sure.