Lehman Preferred Series "J" Preferred (fka LEHJQ)

[the_doctor]

'You misunderstood the 253B asset by saying it's all "book values" This is the real amount to pay the Liability of 307B and it is short of 54B... It is a fact. '

Toogood, that is how I understood it also - maybe I am too optimistic. But in today's accounting, the Book value should be mark to market, so it is what you can sell the assets for at this time.