Replies to post #79538 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

has it ever came across you that all we need to get is 2$ a share for you to be wrong?... enron got 2.49... just saying.

[stoxjock]

You don't know what you are talking... The "Deferred Interest Sub-ordinated Debentures" (AKA CTs) for which JP Morgan is the Trustee are DIFFERENT from the Subordinate Notes issued by LBHI for which BNY is the Trustee...

See Below .. this is from the LBHI 3rd Amended POR .. YES, the BK Filing for LBHI ITSELF:


"1.25 Class 10B Subordinated Notes means, collectively, (a) the 6.375% Subordinated
Deferrable Interest Debentures due 2052, issued pursuant to the Fourth Supplemental Indenture,
dated as of March 17, 2003, between LBHI and JPMorgan Chase Bank, as trustee; (b) the
6.375% Subordinated Deferrable Interest Debentures due October 2052, issued pursuant to the
Fifth Supplemental Indenture, dated as of October 31, 2003, between LBHI and JPMorgan Chase
Bank, as trustee; (c) the 6.00% Subordinated Deferrable Interest Debentures due 2053, issued
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pursuant to the Sixth Supplemental Indenture, dated as of April 22, 2004, between LBHI and
JPMorgan Chase Bank, as trustee; (d) the 6.24% Subordinated Deferrable Interest Debentures
due 2054, issued pursuant to the Seventh Supplemental Indenture, dated as of January 18, 2005,
between LBHI and JPMorgan Chase Bank, as trustee; (e) the 5.75% Subordinated Notes due
2017, issued pursuant to the Ninth Supplemental Indenture, dated as of October 24, 2006,
between LBHI and JPMorgan Chase Bank, as trustee; (f) the Fixed and Floating Rate
Subordinated Notes Due 2032, issued pursuant to the Tenth Supplemental Indenture, dated as of
May 1, 2007, between LBHI and JPMorgan Chase Bank, as trustee; (g) the 6.50% Subordinated
Notes Due 2017, issued pursuant to the Thirteenth Supplemental Indenture, dated as of July 19,
2007, between LBHI and The Bank of New York, as trustee; (h) the 6.875% Subordinated Notes
Due 2037, issued pursuant to the Fourteenth Supplemental Indenture, dated as of July 19, 2007,
between LBHI and The Bank of New York, as trustee; (i) the 6.75% Subordinated Notes Due
2017, issued pursuant to the Fifteenth Supplemental Indenture, dated as of December 21, 2007,
between LBHI and The Bank of New York, as trustee; and (j) the 7.50% Subordinated Notes
Due 2038, issued pursuant to the Sixteenth Supplemental Indenture, dated as of May 9, 2008,
between LBHI and The Bank of New York, as trustee.
1.26 Class 10C Subordinated Notes means, collectively, (a) the 5.707% Remarketable
Junior Subordinated Debentures due 2043, issued pursuant to the Eleventh Supplemental
Indenture, dated as of May 17, 2007, between LBHI and U.S. Bank National Association, as
trustee; and (b) the Floating Rate Remarketable Junior Subordinated Debentures due 2043,
issued pursuant to the Twelfth Supplemental Indenture, dated as of May 17, 2007, between
LBHI and U.S. Bank National Association, as trustee.