Lehman Brothers Holdings Capital Trust V (LHHMQ)

[etzetrade]

Linda,I'm not sure that GM went through with substantive consolidation or not. The deal is that all creditors, including secured and unsecured, with total 26B credit for exchanging New GM 10% stocks with additional warrants. Unfortunately, all common are not included in the new GM . US Government with 50B injection exchanges for 50% of new stock, which is much more than crditors.

Basically, I know it is almost not possible for us here.
Still with my best wishes that THJ Peck could do something. For instance, treating the secured creditor as US government,and us as GM's creditors to form a new Lamco. But, I don't know that common and pref stocks will still be there.