Petition DENIED. (orders list)

DISTRIBUTED for Conference of April 25, 2008.

Reply of petitioner Lehman Brothers Bank, FSB filed.

Brief of respondent State Bank Commissioner in opposition filed.

Brief amicus curiae of U.S. Bancorp filed.

Brief amicus curiae of Council on State Taxation filed.

Order extending time to file response to petition to and including March 27, 2008.

Letter of February 14, 2008, from counsel for petitioner received.

Petition for a writ of certiorari filed. (Response due March 6, 2008)

Lehman Brothers Bank, FSB, Petitioner, represented by Paul H. Frankel

State Bank Commissioner, Respondent, represented by Joseph C. Bright

Council on State Taxation, Amicus Curiae, represented by Todd A. Lard

U.S. Bancorp, Amicus Curiae, represented by Walter Hellerstein