Replies to post #16461 on Lehman Preferred Series "J" Preferred (f

[mik1]

I have some doubts about these numbers. The 65B of assets that will be distributed, are valued at real market prices. How were these assets valued at BS? For example, Archstone, that it will be sold at 11/13B, and had a cost of 22B, how was it valued?

I can´t believe that with 250B real assets, Debtors and creditos agree to close a deal with only a 20% of the cake, and after that, end of story.

[etzetrade]

I have the same doubts as mik1. Hope to have your comments of your numbers. TIA