The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANK AMER CORP COM 060505104 56,282 3,146,000 SH   SOLE   3,146,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 1,055 7,025 SH   SOLE   7,025 0 0
CITIGROUP INC COM 172967424 68,666 1,269,000 SH   SOLE   1,269,000 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 161,061 13,908,569 SH   SOLE   13,908,569 0 0
GENERAL MTRS CO COM 37045V100 830 23,762 SH   SOLE   23,762 0 0
GENERAL MTRS CO *W Exp 7/10/201 37045V126 100,898 5,935,175 SH   SOLE   5,935,175 0 0
GOOGLE INC CL C 38259P706 36,322 69,000 SH   SOLE   69,000 0 0
HORSEHEAD HLDG CORP COM 440694305 100,256 6,333,296 SH   SOLE   6,333,296 0 0
POSCO Sponsored ADR 693483109 19,256 301,770 SH   SOLE   301,770 0 0
WL ROSS HLDG CORP COM SHS 92939D104 2,521 245,670 SH   SOLE   245,670 0 0
WL ROSS HLDG CORP UNIT 92939D203 5,261 453,538 SH   SOLE   453,538 0 0