Lehman Preferred Series "J" Preferred (fka LEHJQ)

[coach tequila]

Here is a thought...

According to the MOR Lehman has filed the 2008 consolidated taxes. It claimed a loss of $47B. It is currently calculating the effect of the Net Operating Loss carry forward for the last 5 years. Also, there is $350M coming back from an existing tax reserve account.

Now that will be the last laugh! Lehman getting money back from the Government! Anyone know what the refund check will be on getting money back from the Treasury for profits from the last 5 years? How much was paid in taxes over the last 5 years?

Classic...

Coach T