Lehman Preferred Series "J" Preferred (fka LEHJQ)

[coach tequila]

So how much Secured Debt is out there? Before Claims...how much has already been reduced/matched off the Balance Sheet?

When I spoke with Holly Dice at A&M she told me that the reason the assets and liabilities got reduced on the first and second balance sheets was due to offsets to Secured Creditors.

REMEMBER WE STARTED WITH 600B+ of both...the last BS showed 272B in assets and $316B in liabilities.

Where is the Balance Sheet at so we know? Why are we in the dark? Are we supposed to figure this out without the necessary information? Take A&M's word for it? That is how Lehman got here. Taking the word of CFO's