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Re: Desperado90 post# 134229

Thursday, 01/07/2010 2:49:01 PM

Thursday, January 07, 2010 2:49:01 PM

Post# of 749756
Well 50B is the current figure so it was 56.7 Billion prior. 1.3 Billion was David Bondermans the other 6.7 Billion was from TPG. So technically David Bonderman lost 43% of his money and TPG lost 10.6%, I'm not saying the losses were not large because in fact they were and I am sure they will fight to get them back.

At this point who knows if TPG has vested interest as Bondholders or as Stockholders, David Bonderman has got a Masters in Bankruptcy proceddings so he is definitely a very smart man and whatever he does I'm sure may greatly benefit him.

I think at this point if JPM comes along and offers a 8:1 stock swap that he very well might accept so that he regains about 1 Billion and the potential for so much more at least...

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