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hestheman

02/08/12 6:13 PM

#1670 RE: Greta Grabo #1669

Good move.....allthough preferreds have a great chance of getting a great value as well if they get a good/majority piece of the reorganized company. Remember, we have also heard of a plan by Lehman to IPO Archstone as a way of raising money to pay off creditors. That would be a great strategy IMO.