<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>ACADIA HEALTHCARE COMPANY IN</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>00404A109</cusip>
			<value>152033</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4350000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4350000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ADVANCED MICRO DEVICES INC</nameOfIssuer>
			<titleOfClass>NOTE 2.125% 9/0</titleOfClass>
			<cusip>007903BD8</cusip>
			<value>9679</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2500000</sshPrnamt>
				<sshPrnamtType>PRN</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALCOA CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>013872106</cusip>
			<value>58525</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ALTABA INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>021346101</cusip>
			<value>314295</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4530712</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4530712</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>APPLE INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>037833100</cusip>
			<value>257296</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1300000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1300000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ARCONIC INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>03965L100</cusip>
			<value>1340113</value>
			<shrsOrPrnAmt>
				<sshPrnamt>51902133</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>51902133</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>B RILEY FINL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>05580M108</cusip>
			<value>48113</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2306450</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2306450</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BOEING CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>097023105</cusip>
			<value>109203</value>
			<shrsOrPrnAmt>
				<sshPrnamt>300000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>300000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CITRIX SYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>177376100</cusip>
			<value>597771</value>
			<shrsOrPrnAmt>
				<sshPrnamt>6091000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>6091000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CITRIX SYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>177376100</cusip>
			<value>49070</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COLUMBIA PPTY TR INC</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>198287203</cusip>
			<value>965</value>
			<shrsOrPrnAmt>
				<sshPrnamt>46517</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>46517</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COMMSCOPE HLDG CO INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>20337X109</cusip>
			<value>4837</value>
			<shrsOrPrnAmt>
				<sshPrnamt>307500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>307500</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COMMUNITY HEALTH SYS INC NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>203668108</cusip>
			<value>12015</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CORMEDIX INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>21900C308</cusip>
			<value>7475</value>
			<shrsOrPrnAmt>
				<sshPrnamt>833373</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>833373</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DELL TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>CL C</titleOfClass>
			<cusip>24703L202</cusip>
			<value>653335</value>
			<shrsOrPrnAmt>
				<sshPrnamt>12860919</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>12860919</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DELL TECHNOLOGIES INC</nameOfIssuer>
			<titleOfClass>CL C</titleOfClass>
			<cusip>24703L202</cusip>
			<value>190500</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3750000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>3750000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DEVON ENERGY CORP NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>25179M103</cusip>
			<value>499813</value>
			<shrsOrPrnAmt>
				<sshPrnamt>17525000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>17525000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DIGITAL RLTY TR INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>253868103</cusip>
			<value>58895</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DISH NETWORK CORP</nameOfIssuer>
			<titleOfClass>NOTE 2.375% 3/1</titleOfClass>
			<cusip>25470MAD1</cusip>
			<value>137837</value>
			<shrsOrPrnAmt>
				<sshPrnamt>148700000</sshPrnamt>
				<sshPrnamtType>PRN</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>148700000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DISH NETWORK CORP</nameOfIssuer>
			<titleOfClass>NOTE 3.375% 8/1</titleOfClass>
			<cusip>25470MAB5</cusip>
			<value>156763</value>
			<shrsOrPrnAmt>
				<sshPrnamt>160800000</sshPrnamt>
				<sshPrnamtType>PRN</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>160800000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>DXC TECHNOLOGY CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>23355L106</cusip>
			<value>121330</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2200000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2200000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EBAY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>278642103</cusip>
			<value>98750</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EBAY INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>278642103</cusip>
			<value>391050</value>
			<shrsOrPrnAmt>
				<sshPrnamt>9900000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>9900000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ELEMENT SOLUTIONS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>28618M106</cusip>
			<value>113236</value>
			<shrsOrPrnAmt>
				<sshPrnamt>10951281</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>10951281</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EQUINIX INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>29444U700</cusip>
			<value>100858</value>
			<shrsOrPrnAmt>
				<sshPrnamt>200000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>200000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FIRSTENERGY CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>337932107</cusip>
			<value>1072119</value>
			<shrsOrPrnAmt>
				<sshPrnamt>25043653</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>25043653</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FOX CORP</nameOfIssuer>
			<titleOfClass>CL A COM</titleOfClass>
			<cusip>35137L105</cusip>
			<value>147993</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4039112</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4039112</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENESEE &amp; WYO INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>371559105</cusip>
			<value>6250</value>
			<shrsOrPrnAmt>
				<sshPrnamt>62500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>62500</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HESS CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>42809H107</cusip>
			<value>1033290</value>
			<shrsOrPrnAmt>
				<sshPrnamt>16254358</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>16254358</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INTERNATIONAL SPEEDWAY CORP</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>460335201</cusip>
			<value>52801</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1176227</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1176227</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INVESCO QQQ TR</nameOfIssuer>
			<titleOfClass>UNIT SER 1</titleOfClass>
			<cusip>46090E103</cusip>
			<value>1772163</value>
			<shrsOrPrnAmt>
				<sshPrnamt>9490000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>9490000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>INVESCO QQQ TR</nameOfIssuer>
			<titleOfClass>UNIT SER 1</titleOfClass>
			<cusip>46090E103</cusip>
			<value>560220</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>3000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES TR</nameOfIssuer>
			<titleOfClass>IBOXX HI YD ETF</titleOfClass>
			<cusip>464288513</cusip>
			<value>57835</value>
			<shrsOrPrnAmt>
				<sshPrnamt>663400</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>663400</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISHARES TR</nameOfIssuer>
			<titleOfClass>IBOXX HI YD ETF</titleOfClass>
			<cusip>464288513</cusip>
			<value>523080</value>
			<shrsOrPrnAmt>
				<sshPrnamt>6000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>6000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MACERICH CO</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>554382101</cusip>
			<value>13740</value>
			<shrsOrPrnAmt>
				<sshPrnamt>410268</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>410268</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MARATHON PETE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>56585A102</cusip>
			<value>257048</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4600000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4600000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MARATHON PETE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>56585A102</cusip>
			<value>69850</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1250000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1250000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MARRIOTT INTL INC NEW</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>571903202</cusip>
			<value>70145</value>
			<shrsOrPrnAmt>
				<sshPrnamt>500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>NIELSEN HLDGS PLC</nameOfIssuer>
			<titleOfClass>SHS EUR</titleOfClass>
			<cusip>G6518L108</cusip>
			<value>316400</value>
			<shrsOrPrnAmt>
				<sshPrnamt>14000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>14000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>NIELSEN HLDGS PLC</nameOfIssuer>
			<titleOfClass>SHS EUR</titleOfClass>
			<cusip>G6518L108</cusip>
			<value>67800</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>3000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>OPUS BK IRVINE CALIF</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>684000102</cusip>
			<value>114398</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5419153</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>5419153</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PEABODY ENERGY CORP NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>704551100</cusip>
			<value>678805</value>
			<shrsOrPrnAmt>
				<sshPrnamt>28166201</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>28166201</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PRA GROUP INC</nameOfIssuer>
			<titleOfClass>NOTE 3.500% 6/0</titleOfClass>
			<cusip>69354NAB2</cusip>
			<value>1406</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1500000</sshPrnamt>
				<sshPrnamtType>PRN</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>QEP RES INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74733V100</cusip>
			<value>84591</value>
			<shrsOrPrnAmt>
				<sshPrnamt>11700000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>11700000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ROADRUNNER TRNSN SVCS HLDG I</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>76973Q204</cusip>
			<value>324570</value>
			<shrsOrPrnAmt>
				<sshPrnamt>33986394</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>33986394</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ROAN RES INC</nameOfIssuer>
			<titleOfClass>CL A COM</titleOfClass>
			<cusip>769755109</cusip>
			<value>28411</value>
			<shrsOrPrnAmt>
				<sshPrnamt>16328020</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>16328020</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SANOFI</nameOfIssuer>
			<titleOfClass>RIGHT 12/31/2020</titleOfClass>
			<cusip>80105N113</cusip>
			<value>10623</value>
			<shrsOrPrnAmt>
				<sshPrnamt>20428961</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>20428961</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SAP SE</nameOfIssuer>
			<titleOfClass>SPON ADR</titleOfClass>
			<cusip>803054204</cusip>
			<value>102600</value>
			<shrsOrPrnAmt>
				<sshPrnamt>750000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>750000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
			<titleOfClass>ENERGY</titleOfClass>
			<cusip>81369Y506</cusip>
			<value>318550</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>5000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
			<titleOfClass>SBI INT-UTILS</titleOfClass>
			<cusip>81369Y886</cusip>
			<value>119260</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
			<titleOfClass>SBI HEALTHCARE</titleOfClass>
			<cusip>81369Y209</cusip>
			<value>138960</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Call</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
			<titleOfClass>SBI HEALTHCARE</titleOfClass>
			<cusip>81369Y209</cusip>
			<value>196765</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2123971</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>2123971</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SELECT SECTOR SPDR TR</nameOfIssuer>
			<titleOfClass>SBI HEALTHCARE</titleOfClass>
			<cusip>81369Y209</cusip>
			<value>297374</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3210000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>3210000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SPDR SERIES TRUST</nameOfIssuer>
			<titleOfClass>S&amp;P OILGAS EXP</titleOfClass>
			<cusip>78464A730</cusip>
			<value>533010</value>
			<shrsOrPrnAmt>
				<sshPrnamt>19560000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>19560000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SPEEDWAY MOTORSPORTS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>847788106</cusip>
			<value>10772</value>
			<shrsOrPrnAmt>
				<sshPrnamt>580701</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>580701</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SUNSTONE HOTEL INVS INC NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>867892101</cusip>
			<value>9824</value>
			<shrsOrPrnAmt>
				<sshPrnamt>716536</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>716536</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TESLA INC</nameOfIssuer>
			<titleOfClass>NOTE 1.250% 3/0</titleOfClass>
			<cusip>88160RAC5</cusip>
			<value>2852</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3000000</sshPrnamt>
				<sshPrnamtType>PRN</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>3000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>U S WELL SVCS INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>91274U101</cusip>
			<value>841</value>
			<shrsOrPrnAmt>
				<sshPrnamt>174550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>174550</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>U S WELL SVCS INC</nameOfIssuer>
			<titleOfClass>*W EXP 03/15/202</titleOfClass>
			<cusip>91274U119</cusip>
			<value>934</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1475000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1475000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VANECK VECTORS ETF TR</nameOfIssuer>
			<titleOfClass>OIL SVCS ETF</titleOfClass>
			<cusip>92189F718</cusip>
			<value>14820</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1000000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>1000000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
			<titleOfClass>REAL ESTATE ETF</titleOfClass>
			<cusip>922908553</cusip>
			<value>393300</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4500000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<putCall>Put</putCall>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>4500000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VORNADO RLTY TR</nameOfIssuer>
			<titleOfClass>SH BEN INT</titleOfClass>
			<cusip>929042109</cusip>
			<value>32486</value>
			<shrsOrPrnAmt>
				<sshPrnamt>506803</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>506803</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ZIONS BANCORPORATION</nameOfIssuer>
			<titleOfClass>*W EXP 5/22/202</titleOfClass>
			<cusip>989701115</cusip>
			<value>4648</value>
			<shrsOrPrnAmt>
				<sshPrnamt>350000</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>DFND</investmentDiscretion>
			<otherManager>01,02</otherManager>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>350000</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
</informationTable>
