• 07 Nov 2008 at 9:15 AM

Dear Team Tontine

By

When you say, “lost everything,” what exactly are you getting at?

Below is the estimated net performance for October 2008:
Tontine 25 Overseas Fund, Ltd.
MTD : -30.60%
YTD : -53.90%
Tontine Capital Overseas Fund, Ltd.
MTD: -48.90%
YTD : -63.40%
We value our partners’ time and we appreciate you joining us for this conference call.
This conference call may not be recorded, rebroadcast or transcribed without the expressed, written consent of Tontine Associates, LLC.
Thank you.
[redacted]
Tontine Associates, LLC
203-xxx-xxxx

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    Comments (27)

    1. 1
      Posted by guest | November 7, 2008 at 9:20 AM

      Alan Furst!

    2. 2
      Posted by guest | November 7, 2008 at 9:23 AM

      El Camino: car or truck?

    3. 3
      Posted by MarshallStack | November 7, 2008 at 9:23 AM

      Candid camera?

    4. 4
      Posted by guest | November 7, 2008 at 9:24 AM

      I wonder if people who invested in the Tontine 25 Overseas Fund are thinking “Whew, thank god I didn’t invest in the Tontine Capital Overseas Fund, I chose wisely”?

    5. 5
      Posted by MarshallStack | November 7, 2008 at 9:25 AM

      @3 -
      That was Alan Funt you moron.
      Now cover your shorts and get to the sidelines.

    6. 6
      Posted by guest | November 7, 2008 at 9:28 AM

      Don’t frown – double down!

    7. 7
      Posted by guest | November 7, 2008 at 9:38 AM

      @4 YOU TOTALLY MADE MY DAY!!!! and i am sure that some people in stupid geneva-switzerland are thinking that way….

    8. 8
      Posted by guest | November 7, 2008 at 9:38 AM

      I hope management didn’t have any money in those funds.

    9. 9
      Posted by guest | November 7, 2008 at 9:41 AM

      those numbers look wrong. Tontine was dow 66.7% through Sep. Numbers dont’ match up.

    10. 10
      Posted by guest | November 7, 2008 at 9:41 AM

      What a fucking kick in the junk…

    11. 11
      Posted by guest | November 7, 2008 at 9:42 AM

      @9- that was tontine partners.

    12. 12
      Posted by guest | November 7, 2008 at 9:51 AM

      @9
      -66.7% or -53.9% what’s the difference? It’s like waiting in line for a gang-bang, it doesn’t matter if your 1st or 31st you’re still getting screwed.

    13. 13
      Posted by guest | November 7, 2008 at 9:56 AM

      Even with the pounding they’ve taken, the T-funds are probably all well above their original basis, those guys bought tons of stuff at $1 or $2/share that went to $50, so now it’s back at $5.

    14. 14
      Posted by guest | November 7, 2008 at 9:57 AM

      @12, in that example i would rather we first. but if you compared say being 5th or 31st i see your point.

    15. 15
      Posted by guest | November 7, 2008 at 10:00 AM

      @1 best WWII era literary thriller writer reference coupled with DB — Ever. Quality stuff.

    16. 16
      Posted by guest | November 7, 2008 at 10:01 AM

      @12
      you obviously don’t understand the mechanics of a gangbang
      you are in line and getting screwed? are you a girl and your idea of a gangbang is a long line of girls waiting to get screwed by one guy? How the fuck would that work.
      Or you are a guy. but then what’s up with the GETTING screwed?

    17. 17
      Posted by guest | November 7, 2008 at 10:10 AM

      too negative; didn’t read

    18. 18
      Posted by guest | November 7, 2008 at 10:17 AM

      @4 HAHAHAHAHAHA, good one buddy!

    19. 19
      Posted by Anal_yst | November 7, 2008 at 10:24 AM

      Those #’s invoke images of monkeys, whiskey and darts in hand…

    20. 20
      Posted by Seaman Bodine | November 7, 2008 at 10:35 AM

      i used to cover these guys – couldn’t happen to a more smug crew
      suck it

    21. 21
      Posted by guest | November 7, 2008 at 10:57 AM

      Are these guys going to shut down?

    22. 22
      Posted by StupidEquityGuy | November 7, 2008 at 11:00 AM

      Sir Anal, TY for the morning chuckle…
      ~SEG

    23. 23
      Posted by guest | November 7, 2008 at 11:19 AM

      AUM for Tontine?

    24. 24
      Posted by guest | November 7, 2008 at 12:16 PM

      Turn those machines back on! TURN THOSE MACHINES BACK ON!

    25. 25
      Posted by american bandersnatch | November 7, 2008 at 12:58 PM

      “expressed, written consent” – I imagine they applied the same level of accuracy and attention to detail in their trading operation.

    26. 26
      Posted by guest | November 7, 2008 at 1:37 PM

      @Anal_yst #19
      The S&P is down about 35-40% YTD, and I assume whatever the comparable index is for an “overseas” fund is probably just as bad, or worse. So, with the amount of leverage on these funds wouldn’t they actually be outperforming the market after you adjust for that?
      (not that anyone with money in them would actually give a shit one way or the other)

    27. 27
      Posted by nsrwov | April 14, 2012 at 2:29 PM

      3lRC0h hlrkxhbvupol, [url=http://tpcjirbnfzko.com/]tpcjirbnfzko[/url], [link=http://jdbxpcujpczk.com/]jdbxpcujpczk[/link], http://swyfgfwxoxgw.com/

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