Lehman Preferred Series "J" Preferred (fka LEHJQ)

[ABIGIDIOT]

i would say rather huge news, for all lehman entities, straight across the board. i just dont understand how people dont realize the value that lehman still has.

billions and billions. and with decisions like this, another 11 billion potential? its almost a no brainer, how cheap everything is here.

1000 dollar face value preferreds at under 3 bucks. just insane !!!!

April 9 (Bloomberg) -- A U.S. bankruptcy judge rejected a Barclays Plc bid to throw out Lehman Brothers Holdings Inc.'s motion to recover an alleged $11 billion "windfall" the bank made on the purchase of the firm's North American brokerage.

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/04/08/bloomberg1376-L0M6I30UQVI9-1.DTL