Lehman Preferred Series "J" Preferred (fka LEHJQ)

[TASHI]

That "wash" will probably happen after Barclays' huge payouts to executives...

http://www.marketwatch.com/story/barclays-on-track-to-report-record-profit-big-bonuses-report-2009-10-18

Barclays on track to report record profit, big bonuses: report

By London Bureau

LONDON (MarketWatch) -- Barclays PLC (BARC.LN) is on track to post record profits of more than GBP10 billion for 2009, triggering multi-million pound bonuses for dozens of traders and executives, reports The Sunday Times newspaper, without saying where it got its information.

President Bob Diamond is believed to be in line for a huge payout for leading the acquisition of Lehman Brothers' operations in America. Jerry del Missier and Rich Ricci, the two top executives at investment bank Barclays Capital, are also expected to receive big bonuses, according to the report.

A Barclay spokesman declined to comment on the report.

Barclays is set to report third-quarter trading on Nov. 10, according to its Web site.

Newspaper Web site: www.timesonline.co.uk