Lehman Preferred Series "J" Preferred (fka LEHJQ)

[VivaLasVegas]

Seriously, if WaMu hits a homer,,, that large/liquid JQ float is going to be eaten up forever.

Not to mention the Capital Trusts but that float is toast.

Gone and tucked away.


I would suspect that the Lehman MM's would run the stocks IF/when WAMU Runs... because those inflated $$$$'s are planning on buying up Lehman.

Heck I may even add some LEHMAN bonds if WaMu hits.



Cheers