SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 15, 2006
Corporate Asset Backed Corporation, on behalf of
CABCO Series 2004-102 Trust (SBC Communications Inc.)
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 333-111572-01 22-3281571
(STATE OR OTHER JURISDICTION (COMMISSION (I.R.S. EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
445 Broad Hollow Road
Suite 239
Melville, New York 11747
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's telephone number, including area code: (631) 587-4700
________________________________________________________________________________
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provision (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)
Item 8.01. Other Events.
This current report on Form 8-K relates to the quarterly distribution
reported to the holders of CABCO Series 2004-102 Trust (SBC
Communications Inc.) (the "Trust") Collared Floating Rate Callable
Certificates (the "Certificates") relating to the 6.450% Global Notes
due June 15, 2034 issued by SBC Communications Inc. (the "SBC
Securities"), which was made on December 15, 2006.
The Trust was created by the Trust Agreement, dated as of December
15, 2004, between Corporate Asset Backed Corporation, as the
depositor (the "Depositor"), and U.S. Bank Trust National
Association, as trustee (the "Trustee"), providing for the issuance
of $32,500,000 aggregate certificate principal balance of
Certificates. The Certificates do not represent obligations of or
interests in the Depositor or the Trustee. The Certificates represent
beneficial interests in the Trust. The Trust's assets consist
primarily of $32,500,000 principal amount of the SBC Securities, all
payments on or collections in respect of the SBC Securities due on
and after December 15, 2004, and the rights of the Trust under the
Swap Agreement, dated as of December 15, 2004, between the Trust and
UBS AG, as the swap counterparty. SBC Communications Inc., the issuer
of the SBC Securities, is subject to the informational requirements
of the Securities Exchange Act of 1934, and in accordance with those
requirements files periodic and current reports and other information
(including financial information) with the Securities and Exchange
Commission ("SEC") (File No. 001-08610). You may read and copy any
reports, statements and other information filed by SBC Communications
Inc. with the SEC (a) over the Internet at the SEC website at
http://www.sec.gov containing reports, proxy statements and other
information regarding registrants that file electronically with the
SEC and (b) at the SEC's public reference room at 450 Fifth Street,
N.W., Washington, D.C. 20549. You can also request copies of these
documents upon payment of a copying fee, by writing to the SEC's
public reference room at 450 Fifth Street, N.W., Washington, D.C.
20549. Please call the SEC at (800) SEC-0330 for further information
on SBC Communications Inc. and please refer to these periodic and
current reports filed with the SEC.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
99.1 Trustee's Distribution Report with respect to the December 15,
2006 Distribution Date for the CABCO Series 2004-102 Trust
(SBC Communications Inc.).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
CORPORATE ASSET BACKED CORPORATION,
as Depositor of CABCO Series
2004-102 Trust
(SBC Communications Inc.)
By: /s/ Robert D. Vascellaro
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Name: Robert D. Vascellaro
Title: Vice President
Date: December 20, 2006
EXHIBIT INDEX
Exhibit
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99.1 Trustee's Distribution Report with respect to the December 15, 2006
Distribution Date for the CABCO Series 2004-102 Trust (SBC
Communications Inc.).