Replies to post #592 on Lehman Brothers Holdings Inc. (fka LEHCQ)

[OTC BB King]

C's are twice the face value of the J's. C's have a $50 face value and the J's have a $25 face value like the F's. So, if the preferreds all get 10%, the C's would get $5.00 and the J's would only get $2.50.