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To: MCsweet who wrote (39992)	11/23/2010 10:54:26 AM
From: MCsweet	Respond to of 78702

LIA, The Euro keeps getting trashed, which hurts the economics of the LIA deal. I bought some double short Euro (EUO) yesterday and this morning to protect the deal economics. I know the dangers of double short funds, and do not plan on holdings this very long. I should have done this earlier, but I had thought there was enough spread to ride out the bounces of the Euro. The deal is expected to pass this week. MC

To: MCsweet who wrote (39992)	2/8/2011 11:58:13 AM
From: MCsweet	Read Replies (2) \| Respond to of 78702

LIA/Grupo Prisa, I suppose no one followed me in, but if anyone did it might be time to take some more profits. I nevertheless will still hold onto a good chunk of Grupo Prisa shares, since these restructurings sometimes can work out really well and the first dividend for Prisa B should help. Prisa B is up 30%, and Prisa A is up more. Prisa B has a nice divvie and better downside protection. These special situations usually work out well if you have a little patience. The TTT offering was a real champ after you factor all the stock distributions. MC