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    <nameOfIssuer>AMBAC FINL GROUP INC</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>023139884</cusip>
    <value>10102</value>
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    <nameOfIssuer>BGC PARTNERS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>05541T101</cusip>
    <value>5890</value>
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    <nameOfIssuer>CASCADE BANCORP</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>147154207</cusip>
    <value>13807</value>
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      <sshPrnamt>2223389</sshPrnamt>
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    <nameOfIssuer>DELL INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>24702R101</cusip>
    <value>29765</value>
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      <sshPrnamt>2233800</sshPrnamt>
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    <nameOfIssuer>HESS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>42809H107</cusip>
    <value>75007</value>
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      <sshPrnamt>1128100</sshPrnamt>
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    <votingAuthority>
      <Sole>1128100</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>HOVNANIAN ENTERPRISES INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>442487203</cusip>
    <value>26928</value>
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      <sshPrnamt>4800000</sshPrnamt>
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    <votingAuthority>
      <Sole>4800000</Sole>
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      <None>0</None>
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    <nameOfIssuer>LOUISIANA PAC CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>546347105</cusip>
    <value>22550</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1524668</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>1524668</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>U S AIRWAYS GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>90341W108</cusip>
    <value>98656</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6008300</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>6008300</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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    <nameOfIssuer>ZYNGA INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>98986T108</cusip>
    <value>12980</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4669000</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>4669000</Sole>
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      <None>0</None>
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