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To: WoofDog123

As of 8/11/05, the buy-out firm, the guys that did the whole deal to take it public, Thomas H. Lee Partners, owned 48,721,076 shares or about 38%. They still own every single share.

As of 8/11/05, Bennett owned 29,337,885 shares or about 23%. He still has 'em all, too.

Likely ultimate value: 0 or close to it. The only thing of any significant value left is the $4 billion block of customers in Refco, LLC, the futures division. What might Man Financial or someone else pay for it? Probably not a whole lot.


98 posted on 10/16/2005 2:38:36 PM PDT by AntiScumbag
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To: AntiScumbag

apparently refco debt is greatly discounted now as well, trading fairly near 'certain bankruptcy' range on friday from what i heard. It isn't my market, but it IS the only refco-related item still trading.


110 posted on 10/16/2005 7:02:13 PM PDT by WoofDog123
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