Lehman Preferred Series "J" Preferred (fka LEHJQ)

[goforthebet]

The exact size of the alleged Barclays "windfall" is a bit unclear. In the past, lawyers have estimated the unexpected gain as somewhere between $5 billion and $8.2 billion, and Lehman has also alleged that the dealmakers inflated the value of liabilities (including employee bonuses) Barclays would take on in the deal. According to Quinn's filing Tuesday, the deal as presented to a federal judge for approval consisted of "the transfer of liabilities totaling $45.5 billion (plus $4.25 billion of cure and compensation liabilities) and the transfer of assets totaling $47.4 billion."

interesting coach...