Replies to post #16464 on Lehman Preferred Series "J" Preferred (f

[mik1]

Absolutely, but considering the remanent assets as susceptible of covering preferreds and commons, It looked to me like end of story. There will be subsequent distributions, and there probably is the big question about how much will be available to cover shares.

I believe they will be back in business and NOLs probably are our best chance.