I would like to refer to my last two post about ct'S. I really believe most of the CT's will continue to trade....I also believe they will need to address the state of all CT's with the next year before most ct's ..Lehman will need to pay us first before any CT's
are to be paided on the time before they go into default.
I do believe the CT's are in the money..it will just take time...
Our CT's has been deferred for a little over 4 years now...either way CT's will get full amount with Interest. To my understanding...The Preferred trust needs to be paid in full face value with all interest owed , before the common side of the Trust (JPM) gets paid on any Ct that was in place 18 months ...Its starting to become clearer which way we're heading with the ct's
GLTA We all in the same boat it seems...IF JPM get paid anything before our CT's get paid...If payment is made to the common's
Our CT's will be in default...It will be up to the Bank of New York Mellon will need to step up and push forward...Just some thoughts...
Once again Good luck and sleep well...The wheel is turning so this means Lehman Is moving forward,,That is what matters to me...
I have a strong feeling Lehman will rise again...No longer a Bank holding company, but has turned into a real estate giant...
IPO into Archstone...Are take the other 75% and call the new company something else...The CT's will follow Lehmen..No matter what until paid in full...There is only a few quarters left, before the deferred divi needs to become fully up to date..Regardless ..If we merger into a new...Before any payment is made to the common side of the trust...the equity side of the trust needs to be taken care of...Which includes 10a,10b,10c...These classes will get payment before the common side gets paid a dime...Looking good here I think
