giorgi...@aol.com

I agree with you completely. Who cares about 12 mill break up fee
that's peanuts compared to 400 mill that Lone Star is going to loose
if they go along with this deal. The choice is between loosing 400
mill and not loosing this money, you guess how they are going to
decide. Nothing is cast in iron the mortgage industry is in turmoil;
shareholders know that and don't expect Lone Star to make the
purchase. It's an extraordinary circumstance and I have absolutely no
doubt that the agreement protects Lone Star against the market turmoil
we see right now (it's basically a shutdown of secondary mortgage
market). Even if LEND takes Lone Star to court for specific
performance the litigation can drag out for years and LEND will be
bankrupt in couple of months.