Replies to post #8916 on Lehman Preferred Series "J" Preferred (f

[coach tequila]

Absolutely...There is just less leverage to the Trusts.

However, there are bonds being held by the Trustee that were purchased from Lehman when the Trust's shares were sold. Those claims are on record and are valid IMO...and I cannot imagine a scenario that the Trusts do not share in some fashion at the table of reorg.

Coach T