Replies to post #79 on Lehman ABS CorTS 2001-08 7.375% General Motors (CCYPQ)

[h_man_investor]

Dividends "should" be reinstated anytime. There was a cease as desist against the parent paying any dividends by the OTS last year until their capital levels were improved. Currently Aurora Bank (the parent) is considered "well capitalized" with the Lehman capital injection in December. The next dividend record date is around the middle of April so I am hopeful it will be reinstated by then.

[Enterprising Investor]

Not at all.

I was just answering a question from h_man_investor without paying attention to which board it came from.

Event drivers for CCPCN would direction detailed in the LEHMQ reorg plan and an OTS decision.

CCYPQ will see limited movement going forward unless GM products start selling like iPhones.