LHHMQ= 6%
That chart is wrong! Here is a list of all Lehman preferred stocks. It will only take 1.2 billion to pay them off the Capital Trusts in full:
LEHCQ 5 million shares, $50 each, $250 million
LEHDQ 4 million shares, $50 each, $200 million
LEHFQ 12 million shares, $25 each, $300 million
LEHGQ 5.2 million shares, $25 each, $125 million
LEHJQ 66 million shares, $25 each, $1.65 billlion
LEHKQ 12 million shares, $25 each, $300 million****
LEHLQ 12 million shares, $25 each, $300 million****
LHHMQ 16 million shares, $25 each, $400 million****
LEHNQ 8 million shares, $25 each, $200 million****
LEHPQ 4 million shares, $1000 each, $4 billion
LBHGP 2 million shares, $1000 each, $2 billion
****Capital Trust Preferreds (Shares of bonds-these get paid before other preferreds )
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