An Overview Of The Housing Crisis And WhyThere Is More Pain To Come

T2 Accredited Fund, LPTilson Offshore Fund, Ltd.T2 Qualified Fund, LPT2 Accredited Fund, LPTilson Offshore Fund, Ltd.T2 Qualified Fund, LP

July 1, 2009

T2 Partners Management L.P.Is a Registered Investment Advisor

145 E. 57th Street, 10th FloorNew York, NY 10022(212) 386-7160Info@T2PartnersLLC.comwww.T2PartnersLLC.com145 E. 57th Street, 10th FloorNew York, NY 10022(212) 386-7160Info@T2PartnersLLC.comwww.T2PartnersLLC.com

The collapse of the U.S. housing market,the world’s largest debt market, is thedefining economic event of our lifetimes.This presentation explores what happenedand why, where we are today, and what thefuture likely holds.For more detailed information, please readour new book,More Mortgage Meltdown: 6Ways to Profit in These Bad Times.