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stripus

09/03/09 4:25 PM

#27 RE: JERSEYHAWG #26

I am only into the Lehman's myself. But only the preferred C/T shares. I hope the commons get a couple of bucks, because then we will be really big winners, especially the preferred line.
I got back the L's and N's I sold off on monday today. But they are only replacable by the thousands at the ask.
So I got 30K back today (whew!). I don't have the LHHMQ's anymore because no one received a claim form for them. So they must be being treated differently perhaps the guarantee is different. But I don't know why this is???
I read that people are sending in the claim forms specifically for the "guarantee" in both documents and online.
Anyone done this process yet? I do know the hardcopies have to be received by 9/22 in New York.
My perception is that the Trustee covers the face value claim, but the dividend "guarantee" is done on the forms we were mailed. Again, this is only from what I have read on the various threads.
I only have one more post after this, so Jersey, don't throw that freeway sized snowball yet. LOL