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Thursday, May 12, 2011 9:33:53 PM
This letter states that there was short covering of 868 million shares on 9/29/2008. (That could have been a single block.)
A big assumption that this info is correct.
Who could own such a size 868 million of 1.7 billion.
868/1700 is 51%....So this could be why TPG has been quite.
They were flat.
If true: from what price they short. There were conversation bewteen TPG's Boderman and Snake puke Hank "the USA Short" Paulson.
(The USA Short and lend long to banks)
Damn, Damn, Damn, Damn!
BigHammer:: TPG was already paid!
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