Replies to post #2919 on Lehman Brothers Holdings Capital Trust III (LEHKQ)

[stripus]

There is better than a 50% chance the CT's will pay off IMO. I am in to the end no matter what. Whatever you buy, realize this could also not pay anything. So you have to decide if you are long or not.
I am willing to take that gamble.
Buy the cheapest ones you can get. All of those 4 are equal in line for a payout before any other preferred or common get anything.