because the capital trusts get paid first, they were already up higher. they didn't react as much to the news because they attract a more conservative investor. they are not as liquid, so this is a bit of a turn-off for the momo crowd.
imo LEHJQ offers a nice balance between speculative momo madness and safety, since they get paid 2nd, after the CTs, and are in front of LEHMQ (commons), which have an OS more than 10X the size and are paid 3rd.
furthermore, given the fact Js closed somewhat lower than Ms today, that tells me the biggest momo is about to hit LEHJQ, once traders in the commons make a flight to quality. as rhino said earlier, the commons led the way last time, and the Js caught up. then they surpassed the commons, eventually. i'm betting history repeats.
