Lehman Brothers Financial SA (LEHNQ)

[OnlyinitfortheMoney]

That's exactly what I said in my post that no one replied to! If Lehman - and it IS Lehman who's auctioning off the securities - offered them up for sale knowing full well that they would be worthless, they would be exposing themselves to an unwinnable class action suit for breach of good faith. Therefore I see this as an indirect confirmation that the unsecured debt behind our CTs will be made whole, which would have to happen before any of the preferreds see a single cent. Anyone else see it that way?