I looked through all of the Lehman Bonds trading on Finra for bonds trading under .50 and I came up with these 5 - which Cusip #s match up with the Subordinated Bonds on the " Master List of Securities ".
1. LEHM. HCC - cusip # 524908WH9 - 2032 - Last Sale - .093
2. LEHM. JLE - cusip # 5249087N4 - 2038 - Last Sale - .01
3. LEHM. GYI - cusip # 524908UBA - 2017 - Last Sale - .01
4. LEHM. HEP - cusip # 524908R36 - 2017 - Last Sale - .001
5. LEHM. HGE - Cusip # 5249087M6 - 2017 - Last Sale - .01
ca90049, is this sub the stuff that is in 10B? IMO and I try to logic it out that whatever the sub debt in the 10B that guarantees the CT is worth, that value should be the starting point for the CTs.