Replies to post #108343 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

Dam good post there.

BIG THANK YOU

[toogoodfella]

RE: According to her, CTs are not stocks and so their income cannot be considered as dividends.
—-//——//——//—-

It is indeed a stock but not an LBHI stock.
LBHI pays “interest” to the trust and the trust pays the holders with the “dividend” because it is a Trust’s “interest income”. ALL CTS are indeed equity stock of the trust.

[bluebird50]

If your not needing the lump sum right away?
Then roll it into a Roth preferably before the pop.

Allowed like $6k
Then penalty is 10% on early withdrawal - excluded for schooling medical and down payment of a home….

Just an idea…

[Docsavag]

Not an accountant, but I would have to call any settlement of funds from preferred or CTs as LTCG, subject to the Fed 20% and applicable state taxes.

[stockanalyze]

wondering how blackberry is doing? since you mentioned here, have been looking at it on and off. prospects of it?