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

[goldstandard]

I think ur spot on. IMO, that's what's happening with the C's and D's as well. I posted the link with the UK holders resisting the Bk agreement with other foreign entities. Looks like a deal is on the horizon which will speed up the BK. If u notice that the J's for instance have a class suit from the investors there in what they was overbloated ipo values. U don't have that with the trusts and D's and C's. There is value there, imo. Just have to c if its 5, 10, 20 percent or more of face. If so, we r all rich, well at least moderately rich men in the near future ;~)