Replies to post #93078 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

preferred shareholders like LEHJQ.
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Scroll down a little.. I just said dilution is only possible to common shares.

[goodietime]

"I hope we end up like WAMU preferred which has already set a precedent -- in WAMU preferred only 50% dilution (1 new share for every 2 old preferred shares), I can live with that especially if new Lehman goes back to par value of 25."

These are the WAMU conversion ratios:

1 WAMUQ = 0.03349842 WMIH
1 WAMKQ = 0.4950146 WMIH
1 WAMPQ = 19.8005825 WMIH