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slimugrian

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slimugrian

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Monday, 05/10/2010 11:26:28 AM

Monday, May 10, 2010 11:26:28 AM

Post# of 17499
The Reuters article about swap is very confusing. I think this one is much more clearer.

http://www.lse.co.uk/FinanceNews.asp?ArticleCode=7i5ozlfbnl6mh1x&ArticleHeadline=Lehman_proposes_converting_Archstone_debt_to_equity

After reading about this case I'm much more convinced that 5,2bln if approved by BAC and Barclays will be swapped to Archstones preffered shares not LBHI's.

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