Replies to post #93763 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

UNDERWRITING
General
Subject to the terms and conditions of an underwriting agreement dated the date of this prospectus supplement, the trust has agreed to issue and sell to Holdings the total number of preferred securities set forth below. Holdings, in turn, has agreed to sell to each of the underwriters named below, and each of the underwriters, for whom Lehman Brothers Inc. is acting as the representative, has severally agreed to purchase from Holdings the number of preferred securities set forth opposite its name below:

Wait so all these people were originally sold the CTS??