Replies to post #490 on Lehman Bros 6.5% Pref''''d Series "F" (f

[sidedraft]

I don't know which bonds are being referred to.

But whatever they are, they went from 16¢ one year ago, to 23 1/4¢ now.

Lehman keeps winning and grabbing millions and billions as time goes on. All that does is improve the C/Ts percent of recovery.

I don't know the specifics of what controls the unsecured creditors possible payout, but Lehman is looking better and better. Especially since Marsal is paid a bonus based on what recovery he gets for unsecured creditors.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIEQ6bI27eR4

http://www.businessweek.com/news/2010-01-13/lehman-liquidator-breaks-tradition-by-making-investment-bets.html