Someone was saying he was having some ECAPS. Or he could be holding some of his CTs in Certificate Form and that could be a reason he received the letter inquiry about his current residential address...Regardless, he seems to be very confident for some reason...
You know there's probably tens if not hundreds of billions in this as we will find out quite soon.
It's never good to incite mania in the OTC market if you're trying to strategically create an unprecedented global legal procedure to unwind a future 80+ subsidiary and affiliated network with one us parent.
It's best to stay hush so the PLAN can play out. And it sure AF is. I've never seen more folks worried the parent won't payout after the UK has been wildly successful for inferior ECAPS. They're a great story but the DST issued TruPS and their guarantees are also for the purpose of loading the accounts up of each with securitized CRE related Class A properties, REITS, CRE loans.... We will find out what when this is over. YOu know why we don't know yet from dockets? The CT's are protected from liquidation or any of their assets in or meant to be in the account.
All I know is that these are ONLY -Q stocks and part of the recovery because they swapped the 100% issued common stock (worth 3% of the TruPS "CT" preferreds) for subordinated debentures with LBHI and by owning 100% of each of the 4 CT's common stock they are tecnically a "subsidiary" of LBHI. But they are also sep enough to be protected.
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