Replies to post #8037 on Lehman Brothers Holdings Inc. (fka LEHMQ)

[ivan78]

This is an ERROR : Prefered will get something 10-20% and CT's I don't think will get full price, but more than prefered maybe 25-35% face value

IF CT ONLY PAID 10% / 20% FACE VALUE .... THE PREFERRED 0% !!!! , 0,00 $ .

[Joe Stocks]

..Prefered will get something 10-20% and CT's I don't think will get full price, but more than prefered maybe 25-35% face value. <<

Trust preferreds shopuld have to be paid in full before the traditional preferreds receive a penny.