Replies to post #7349 on Lehman Preferred Series "J" Preferred (f

[mnt_v]

Great information Brikk...looking forward to green days ahead...

[Starnes]

Excellent points brikk..Here is info as it pertains to bonus money paid to A&M for Lehman collections..Excerpt from recent headlines.."The firm’s contract with Lehman entitles it to a bonus of 0.175 percent of all amounts above $15 billion recovered for unsecured creditors. That’s capped at 25 percent of the fees A&M gets for dismantling Lehman, according to court documents. Based on fees collected so far, the bonus cap would be $50 million."..

http://www.businessweek.com/news/2010-01-14/lehman-wins-court-approval-to-spend-1-4-billion-to-buy-loans.html