Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

devils dergooberwitz:

<<I don't think we are getting any divies goober...>>

We're all hoping for the best, but I see the CTs continuation with the divvies since they can then float the $1.2B FV until called.

As for the Preferreds, some are convertible anyway, so if you issue new shares for one preferred, why not issue the shares for all preferred for convenience, savings and restructuring?

I would estimate the FV or RV problem of the GSEs will be handle some way that is similar for the Lehman preferreds.