Lehman Bros - Cap. Trust IV - Pref''d Series "L" (LEHLQ)

[hestheman]

Post bankruptcy absolutely will not matter. The only reason some lehman shareholders are talking about pre/post had to do with a separate suit initiated by a certain group of preferred shareholders. In the suit they required only pre BK shareholders receive a settlement. That basically has nothing to do with CT holders or the Lehman reorganization in general. When we hear of a reorganization, current CT shareholders may see their shares replaced by new common shares in the reorganized company. We may even have to fill forms out in the future to do so. I believe CT holders will receive a ratio that makes everyone more than happy (FV or close to it). JMHO