Email from Jeffery Edwards (7/19/2008)

From: Jeffery Edwards <" eyacal mailcom> To: Sent: 7/19/2008 11:29:52 PM Subject: Re: The great escape On 7/19/08 1:28 P14, " wrote: > The $5 b we thought we had in remaining equity has been lost in additional > write downs and losses incurred in keeping the thing running. The deal in > itself won't be that great for us. But what it did for our reputation is worth > a lot. > I will work with leslie to see you in January, although I may try to get there > earlier. > • I'm off to