we are honored to have marshall sonenshine with us.u involved in these transactions years ago? was a 2007 transaction and part of the state of very large deal done at the height of the leveraged buyout market just before the financial crisis. $45 billion for operating companies -- not enron. too much debt and too little price. what happened after 2007, energy prices came down and these guys were left holding the bag. >> in a bankruptcy like this, doesn't redound upon the original dealmakers -- kkr, goldman sachs, and tpg, or are others affected? >> it is a creditor's territory, which is what chapter 11 is. i think that the bonds are going to have to echo ties and banks will have to take some stretching out or amendments to their term. the company will go on but without the equity. >> if there is a lesson we learn from the crisis is there is always a solution -- gm. company is not broke, the financial structure. >> but you set the bond equity highs -- equitize. make suggest kkr additional money moving bonds to equity? do they take a los