A New Dawn, page-429

The inside owners have to value both the UK and AU operations. Australia is the easy bit, getting back to the long term returns that even AG and JS could do with their eyes closed, this it locked in its just a matter of when. The FY results will help the rest of us work out if this is on the horizon or not. What AG and JS could never do was to stop the haemorrhaging the UK operations where inflicting upon us. AG tried for near on 3 years without success and when he failed we were presented with two choices bankruptcy or Anchorage.
Anchorage have been hand balled the poison challace being the UK operations and good luck to them and the other inside owners on their dude prize. With all the PI changes in the UK still to be implemented, this baby would be bleeding money left right and centre. Don't forget that the original owners Quindell never made money, then SHG came along and lost and few billion. How much are Anchorage prepared to loose? Not as much as we did I suspect.
The best thing AG and JS did for existing shareholders was to make sure that those friendly hedgefunds got 100% of the U.K. Operations.