Lehman Preferred Series "J" Preferred (fka LEHJQ)

[goforthebet]

that is exactly what I thought... why would they come out with an exact number, if they would not know it for sure... maybe the 30m in A over L is the number from the newest banlance sheet? thoughts?


"The news that I think we are overlooking here, and I think is HUGE is that these guys believe there will be $30 billion left over once everything is said and done. These guys know exactly what is in the kitty and what is expected to be paid out. They have always maintained that Lehman would come out of this. Remember a couple months back when one of them said he can't confirm that or he'd send the markets on fire? $30 billion would be enough for preferred, commons and C/T's even if the C/T's weren't paid out in that POR."