So if you are trying to figure out what price Synovus would have to reach to recover, you have to add the price of the TSS shares that were spun off.
This was their very profitable credit card division called Card Services which is now worth 4.38 billion. Thats four TARPs folks. I think they wanted that money to give to high roller developers. Correct me if im wrong NAVARRE.
What you are saying is some one screwed up.