Replies to post #49744 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Stockjoker, The Cts are preferred stocks by nature. The the difference is it was issued by the Trust with LBHI guarantee and the proceed is borrowed by LBHI. It is easy to see that it is part of equity once the Debt claim, 10- B is discharged from POR.