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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT
style="font-size: 12pt">Washington, D.C. 20549 </FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest event reported): September 15, 2008</B>


<P style="font-size: 18pt" align="center"><B>Corporate Asset Backed Corporation, on behalf of<BR>
CABCO Series 2004-102
Trust (SBC Communications Inc.)<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as specified in its
charter) </FONT>
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  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Delaware</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>001-32387</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>22-3281571</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

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  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>445 Broad Hollow Road<BR>
Suite 239<BR>
Melville, New
York<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>11747</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

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<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number, including area code: <B>(631)
587-4700</B>
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  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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 provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))<BR>


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<P style="font-size: 10pt" align="left">Item&nbsp;8.01. <I>Other Events.</I>

<P style="font-size: 10pt; margin-left: 2%" align="left">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 &#8220;Trust&#8221;)
Collared Floating Rate Callable Certificates (the &#8220;Certificates&#8221;) relating to the 6.450% Global Notes due
June&nbsp;15, 2034 issued by SBC Communications Inc. (the &#8220;SBC Securities&#8221;), which was made on
September&nbsp;15, 2008.

<P style="font-size: 10pt; margin-left: 2%" align="left">The Trust was created by the Trust Agreement, dated as of
December&nbsp;15, 2004, between Corporate Asset Backed Corporation, as the depositor (the &#8220;Depositor&#8221;), and
U.S. Bank Trust National Association, as trustee (the &#8220;Trustee&#8221;), 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&#8217;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&nbsp;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 (&#8220;SEC&#8221;) (File No.&nbsp;001-08610). You may read
and copy any reports, statements and other information filed by SBC Communications Inc. with the SEC (a)&nbsp;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)&nbsp;at the SEC&#8217;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&#8217;s public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. Please call the SEC
at (800)&nbsp;SEC-0330 for further information on SBC Communications Inc. and please refer to these periodic and
current reports filed with the SEC.

<P style="font-size: 10pt" align="left">Item&nbsp;9.01 <I>Financial Statements and Exhibits.</I>

<P style="font-size: 10pt; margin-left: 2%" align="left">(c)&nbsp;Exhibits.

<P>
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  <TD style="background: none transparent scroll repeat 0% 0%" width="2%">&nbsp;</TD>
  <TD nowrap align="left" width="3%">99.1</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>Trustee&#8217;s Distribution Report with respect to the September&nbsp;15, 2008 Distribution Date for the CABCO
Series&nbsp;2004-102 Trust (SBC Communications Inc.).</TD>
 </TR>

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<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="left">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.

<P style="font-size: 10pt; margin-left: 45%" align="left">CORPORATE ASSET BACKED CORPORATION, <BR>
as Depositor of
CABCO Series&nbsp;2004-102 Trust <BR>
(SBC Communications Inc.)

<P style="font-size: 10pt; margin-left: 45%" align="left">By: <U><B>/</B>s/ Robert D.
Vascellaro&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name:
Robert D. Vascellaro<BR>
Title: Vice President<BR>


<P style="font-size: 10pt" align="left">Date: September&nbsp;17, 2008

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<P style="font-size: 10pt" align="center">EXHIBIT INDEX

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 <TR style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000" valign="top">
  <TD nowrap align="left" width="5%"><U>Exhibit</U></TD>
  <TD width="1%">&nbsp;</TD>
  <TD>&nbsp;</TD>
 </TR>

</TABLE>


<P>
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%" border="0">

 <TR style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000" valign="top">
  <TD nowrap align="left" width="5%">99.1</TD>
  <TD width="1%">&nbsp;</TD>
  <TD>Trustee&#8217;s Distribution Report with respect to the September&nbsp;15, 2008 Distribution Date for the CABCO
Series 2004-102 Trust (SBC Communications Inc.).</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="right">&nbsp;

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<P style="display: none; font-size: 10pt" align="center">4
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{"company-data": {"conformed-name": "CABCO SERIES 2004-102 TRUST (SBC COMMUNICATIONS INC.)", "cik": "0001310227", "assigned-sic": "6189", "irs-number": "223281571", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32387", "film-number": "081079585"}, "business-address": {"street1": "445 BROAD HOLLOW ROAD", "street2": "SUITE 239", "city": "MELVILLE", "state": "NY", "zip": "11747", "phone": "6315874700"}, "mail-address": {"street1": "445 BROAD HOLLOW ROAD", "street2": "SUITE 239", "city": "MELVILLE", "state": "NY", "zip": "11747"}}
Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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): September 15, 2008
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
001-32387
22-3281571
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer 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 provisions:
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
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
September 15, 2008.
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 September 15, 2008 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
Name:
Robert D. Vascellaro
Title: Vice President
Date: September 17, 2008
EXHIBIT INDEX
Exhibit
99.1
Trustee's Distribution Report with respect to the September 15, 2008 Distribution Date for the CABCO
Series 2004-102 Trust (SBC Communications Inc.).