Replies to post #13568 on Lehman Preferred Series "J" Preferred (f

[uhlmant]

this may help lehman's balance sheet in a global sense....but if preferred shares are inserted ahead of our class 9 claim then it makes it MUCH more difficult for us to reap any benefit of this. We should surely fight any effort to convert to preferred shares to benefit CREDITORS because we will likely never recover anything if this is to be their approach.

imo
TROY

[slimugrian]

Found this old article which confirms that there are existing Archstones preffereds + "the trio" provided extra capital to Archstone.

http://findarticles.com/p/articles/mi_m0EIN/is_2007_Oct_5/ai_n21027274/

I hope i'm not annoying the you and board with this subject :)