Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,230.12
(
0.29%
)
US TECH 100
26,942.00
(
0.87%
)
Dow Jones
49,499.27
(
-0.31%
)
Brent Oil
106.32
(
-1.38%
)
Bitcoin
79,370.03
(
0.88%
)
News Focus
News Focus

Replies to post #2355 on Lehman Brothers Holdings Capital Trust III (LEHKQ)

Replies to #2355 on Lehman Brothers Holdings Capital Trust III (LEHKQ)
icon url

linda1

04/01/10 5:41 PM

#2356 RE: marayatano #2355



WMI POR -


Class 16 - Capital Trusts (Piers)


Class 17 - Subordinated Claims



Subordinated Claims in Class 17 is a lower form of debt than the Capital Trusts.











icon url

mci

04/01/10 5:53 PM

#2359 RE: marayatano #2355

marsal and company could care less about the equity and subordinate claims right now. as is typical the senior noteholders have his ear. however other plans will emerge, lawsuits will fly and im hoping some crumbs will be thrown to make us go away.