Among her top money makers were convertible preferred shares in Cox Communications, a cable company.

The terms include $15 million in convertible preferred shares and an unspecified amount of cash and stock based on future earnings over five years.

Interco has about 38.4 million common and convertible preferred shares outstanding.

The bank reportedly wants to complete the placement of the convertible preferred shares over the next six to eight weeks.

Dividends received by the stock plan on its convertible preferred shares will be used to make interest and principal payments on the plan's bonds.

Terms include $15 million in convertible preferred shares and an unspecified amount of cash and stock based on future earnings.

The 20 percent participation, noncumulative convertible shares were initially issued to Eastern employees in 1983.

The company expects to buy back 3.48 million of the series B convertible preferred shares; 7.78 million will remain outstanding.

Leucadia would invest $250 million in new convertible preferred shares.

Each convertible share is redeemable for 0.8197 share of the insurer's common stock.