I'm Melissa Lee and this is Fast Money.

Tonight's Trader Line of Guidami, Tim Seymour, C. Grasso and Jeff Mills.

We begin tonight with big news on Discovery, shares dropping in the after hours on News

from David Fayer.

He joins us now on the newsline, David.

What's the latest?

You know, Melissa, we had thought that all the sales related to the blow up of our

K-gos, of course, the family office had been completed.

And we all know already the losses that have been taken by prime brokers led by Credit

Suisse at what, some 4.7 billion, Nomura at 2 billion.

What was something of a surprise, and frankly, as my understanding, was a surprise discovery

as well, which I think believe that all the sales of its stock had been completed also,

was that late today, after close, it was made clear that CS had 22 million more Discovery

K shares and 19 of the A shares to sell.

So it's a pretty sizable amount.

I mean, well over a billion dollars, 1.4 billion dollars worth of stock, something like

that.

And again, something of a surprise, given there had been an expectation that everything

had already been liquidated, the losses had been already taken by CS.

So some things unclear here in terms of whether this will in some way add to the loss or

whether it's already incorporated in their estimates of what they would lose.

But again, it shows that the reverberations from the blow up of that family office and

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