Replies to post #5662 on Lehman Brothers Holdings Inc. (fka LEHMQ)

[@-@]

I personally don't think the commons will receive much. The Capital Trusts are another story, I understand the trustee moreless conceded that the "guarantee" constitutes a claim in and of itself. Sure the secured debt will get more, but at 13-18 cents each they are a good gamble.

[trailblazin]

I agree w/ you in large part regarding the cap trusts being the place to put the money. However, as risky as the regular preferreds are AT THIS TIME they are so cheap that I've included some of them in my holdings, despite the fact they could get nothing. Like the gentleman from A&M alluded to on the CNBC interview...the derivatives are the 800 pound gorilla, as they will determine what the ultimate picture will be, and it seems "unknown" right now to me....w/ the value of the derivatives, it wouldn't take much on the positive side to make a difference. But it is a crapshoot. JMHO GLTU