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<SEC-DOCUMENT>0000909518-08-000063.txt : 20080122
<SEC-HEADER>0000909518-08-000063.hdr.sgml : 20080121
<ACCEPTANCE-DATETIME>20080122171850
ACCESSION NUMBER:		0000909518-08-000063
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20080122
DATE AS OF CHANGE:		20080122
GROUP MEMBERS:		BALDWIN ENTERPRISES, INC.
GROUP MEMBERS:		JEFFREY M. SOLOMON
GROUP MEMBERS:		LEUCADIA NATIONAL CORPORATION
GROUP MEMBERS:		MORGAN B. STARK
GROUP MEMBERS:		PETER A. COHEN
GROUP MEMBERS:		PHLCORP, INC.
GROUP MEMBERS:		RAMIUS ADVISORS, LLC
GROUP MEMBERS:		RAMIUS CAPITAL GROUP, LLC
GROUP MEMBERS:		RCG BALDWIN, LP
GROUP MEMBERS:		RCG ENTERPRISE, LTD
GROUP MEMBERS:		RCG PB, LTD
GROUP MEMBERS:		RCG SEXTANT MASTER FUND, LTD.
GROUP MEMBERS:		THOMAS W. STRAUSS

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICREDIT CORP
		CENTRAL INDEX KEY:			0000804269
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE SERVICES [6199]
		IRS NUMBER:				752291093
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-40781
		FILM NUMBER:		08542699

	BUSINESS ADDRESS:	
		STREET 1:		801 CHERRY STREET
		STREET 2:		SUITE 3900
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102
		BUSINESS PHONE:		8173027000

	MAIL ADDRESS:	
		STREET 1:		801 CHERRY ST
		STREET 2:		SUITE 3900
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	URCARCO INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEUCADIA NATIONAL CORP
		CENTRAL INDEX KEY:			0000096223
		STANDARD INDUSTRIAL CLASSIFICATION:	LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400]
		IRS NUMBER:				132615557
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		315 PARK AVE S
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
		BUSINESS PHONE:		2124601900

	MAIL ADDRESS:	
		STREET 1:		315 PARK AVENUE SOUTH
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TALCOTT NATIONAL CORP
		DATE OF NAME CHANGE:	19800603
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>mm01-2208_sc13d.txt
<TEXT>
================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. __)



                                AmeriCredit Corp.
 ------------------------------------------------------------------------------
                                (Name of Issuer)


                          Common Stock, $0.01 par value
 ------------------------------------------------------------------------------
                         (Title of class of securities)


                                    03060R101
 ------------------------------------------------------------------------------
                                 (CUSIP number)


                                JOSEPH A. ORLANDO
                   VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
                          LEUCADIA NATIONAL CORPORATION
                              315 PARK AVENUE SOUTH
                            NEW YORK, NEW YORK 10010

                                 WITH A COPY TO:

                            ANDREA A. BERNSTEIN, ESQ.
                           WEIL, GOTSHAL & MANGES LLP
                                767 FIFTH AVENUE
                            NEW YORK, NEW YORK 10153
 ------------------------------------------------------------------------------
           (Name, address and telephone number of person authorized to
                       receive notices and communications)

                                January 10, 2008
 ------------------------------------------------------------------------------
             (Date of event which requires filing of this statement)


If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].


================================================================================

<PAGE>

<TABLE>
<CAPTION>
<S>     <C>    <C>    <C>    <C>    <C>    <C>

- -------------------------------------------------          -------------------------------
CUSIP No. 03060R101                                 13D                Page 2
- -------------------------------------------------          -------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Leucadia National Corporation

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       N/A

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          New York

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                             -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     20,159,300*
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                        -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                20,159,300*

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH              20,159,300*
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  17.7%*
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                                      CO

- ------------------------------------------------------------------------------------------

* Includes (A) 11,316,200 shares of common stock, representing approximately
9.9% of the common stock outstanding as of October 31, 2007, that, for purposes
of this Statement on Schedule 13D, may be deemed to be beneficially owned
pursuant to the terms of a share forward transaction agreement between Baldwin
Enterprises, Inc. and Jefferies & Company, Inc., and (B) an aggregate of
3,250,000 shares of common stock, representing approximately 2.8% of the common
stock outstanding as of October 31, 2007, that, for purposes of this Statement
on Schedule 13D, may be deemed to be beneficially owned pursuant to the terms of
option agreements between RCG Baldwin, L.P. and Lehman Brothers OTC Derivatives
Inc. See Item 6 of this Statement on Schedule 13D for a description of the share
forward transaction and the option transactions.


<PAGE>
- -------------------------------------------------          -------------------------------
CUSIP No. 03060R101                                 13D                Page 3
- -------------------------------------------------          -------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Phlcorp, Inc.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       N/A

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Pennsylvania

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                             -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     20,159,300*
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                        -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                20,159,300*

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH              20,159,300*
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  17.7%*
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                                      CO

- ------------------------------------------------------------------------------------------


* Includes (A) 11,316,200 shares of common stock, representing approximately
9.9% of the common stock outstanding as of October 31, 2007, that, for purposes
of this Statement on Schedule 13D, may be deemed to be beneficially owned
pursuant to the terms of a share forward transaction agreement between Baldwin
Enterprises, Inc. and Jefferies & Company, Inc., and (B) an aggregate of
3,250,000 shares of common stock, representing approximately 2.8% of the common
stock outstanding as of October 31, 2007, that, for purposes of this Statement
on Schedule 13D, may be deemed to be beneficially owned pursuant to the terms of
option agreements between RCG Baldwin, L.P. and Lehman Brothers OTC Derivatives
Inc. See Item 6 of this Statement on Schedule 13D for a description of the share
forward transaction and the option transactions.


<PAGE>

- -------------------------------------------------          -------------------------------
CUSIP No. 03060R101                                 13D                Page 4
- -------------------------------------------------          -------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Baldwin Enterprises, Inc.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       WC

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Colorado

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                             -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     20,159,300*
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                        -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                20,159,300*

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH              20,159,300*
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  17.7%*
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                                      CO

- ------------------------------------------------------------------------------------------


* Includes (A) 11,316,200 shares of common stock, representing approximately
9.9% of the common stock outstanding as of October 31, 2007, that, for purposes
of this Statement on Schedule 13D, may be deemed to be beneficially owned
pursuant to the terms of a share forward transaction agreement between Baldwin
Enterprises, Inc. and Jefferies & Company, Inc., and (B) an aggregate of
3,250,000 shares of common stock, representing approximately 2.8% of the common
stock outstanding as of October 31, 2007, that, for purposes of this Statement
on Schedule 13D, may be deemed to be beneficially owned pursuant to the terms of
option agreements between RCG Baldwin, L.P. and Lehman Brothers OTC Derivatives
Inc. See Item 6 of this Statement on Schedule 13D for a description of the share
forward transaction and the option transactions.


<PAGE>
- -------------------------------------------------          -------------------------------
CUSIP No. 03060R101                                 13D                Page 5
- -------------------------------------------------          -------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             RCG Baldwin, L.P.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       WC

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Delaware

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                             -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     3,250,000*
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                        -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                3,250,000*

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH              3,250,000*
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  2.8%*
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                                      PN

- ------------------------------------------------------------------------------------------



* Consists of an aggregate of 3,250,000 shares of common stock, representing
approximately 2.8% of the common stock outstanding as of October 31, 2007, that,
for purposes of this Statement on Schedule 13D, may be deemed to be beneficially
owned pursuant to the terms of option agreements between RCG Baldwin, L.P. and
Lehman Brothers OTC Derivatives Inc. See Item 6 of this Statement on Schedule
13D for a description of the option transactions.







<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                  Page 6
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             RCG PB, Ltd

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       WC

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Cayman Islands

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    256,250

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               256,250
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           256,250
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW              Less than 1%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                                    CO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                  Page 7
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             RCG Sextant Master Fund, Ltd.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       WC

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Cayman Islands

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    697,240

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               697,240
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           697,240
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW              Less than 1%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              CO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                  Page 8
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Ramius Advisors, L.L.C.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Delaware

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    256,250

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               256,250
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           256,250
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW              Less than 1%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                          IA, OO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                  Page 9
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             RCG Enterprise, Ltd

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       WC

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Cayman Islands

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    1,046,510

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               1,046,510
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           1,046,510
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW              Less than 1%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              CO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                 Page 10
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Ramius Capital Group, L.L.C.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Delaware

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    2,000,000

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               2,000,000
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                          IA, OO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                 Page 11
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             C4S & Co., L.L.C.

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          Delaware

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                    2,000,000

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                     -0-
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:               2,000,000
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:                -0-

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              OO

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                 Page 12
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Peter A. Cohen

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          USA

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                          -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                  2,000,000
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                     -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:             2,000,000

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              IN

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                 Page 13
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Morgan B. Stark

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          USA

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                          -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                  2,000,000
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                     -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:             2,000,000

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              IN

- ------------------------------------------------------------------------------------------



<PAGE>



- --------------------------------------------         -------------------------------------
CUSIP No. 03060R101                            13D                 Page 14
- --------------------------------------------         -------------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Thomas W. Strauss

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          USA

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                          -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                  2,000,000
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                     -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:             2,000,000

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              IN

- ------------------------------------------------------------------------------------------



<PAGE>

- -------------------------------------------------          -------------------------------
CUSIP No. 03060R101                                 13D                Page 15
- -------------------------------------------------          -------------------------------

- ------------------------------------------------------------------------------------------
        1        NAME OF REPORTING PERSON:             Jeffrey M. Solomon

- ------------------------------------------------------------------------------------------
        2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A
                 GROUP:                                         (a)  [X]
                                                                (b)  [_]
- ------------------------------------------------------------------------------------------
        3        SEC USE ONLY

- ------------------------------------------------------------------------------------------
        4        SOURCE OF FUNDS:                                       OO

- ------------------------------------------------------------------------------------------
        5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(d) OR 2(e):                                 [_]
- ------------------------------------------------------------------------------------------
        6        CITIZENSHIP OR PLACE OF ORGANIZATION:          USA

- ------------------------------------------------------------------------------------------
                        7        SOLE VOTING POWER:                          -0-

                --------------------------------------------------------------------------
  NUMBER OF             8        SHARED VOTING POWER:                  2,000,000
   SHARES
BENEFICIALLY    --------------------------------------------------------------------------
  OWNED BY              9        SOLE DISPOSITIVE POWER:                     -0-
    EACH
  REPORTING     --------------------------------------------------------------------------
 PERSON WITH           10        SHARED DISPOSITIVE POWER:             2,000,000

- ------------------------------------------------------------------------------------------
       11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH           2,000,000
                 REPORTING PERSON:
- ------------------------------------------------------------------------------------------
       12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                       [_]
                 EXCLUDES CERTAIN SHARES:
- ------------------------------------------------------------------------------------------
       13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW                  1.8%
                 (11):
- ------------------------------------------------------------------------------------------
       14        TYPE OF REPORTING PERSON:                              IN

- ------------------------------------------------------------------------------------------
</TABLE>



<PAGE>


ITEM 1.  SECURITY AND ISSUER

            The title and class of equity security to which this Statement on
Schedule 13D relates is the common stock, $0.01 par value per share (the "Common
Stock"), of AmeriCredit Corp., a Texas corporation (the "Company"). The address
of the principal executive office of the Company is 801 Cherry Street, Suite
3900, Fort Worth, Texas 76102.

ITEM 2.  IDENTITY AND BACKGROUND.

            This Statement on Schedule 13D is filed by the Leucadia Reporting
Persons and the Ramius Reporting Persons (each as defined below). The Leucadia
Reporting Persons and the Ramius Reporting Persons are sometimes herein referred
to collectively as the "Reporting Persons," and each as a "Reporting Person."

            The Leucadia Reporting Persons and the Ramius Reporting Persons each
expressly disclaim beneficial ownership for all purposes of the Common Stock
held by the others. The Reporting Persons have filed this statement solely
because they may be deemed to be a "group" for purposes of Section 13(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the
Leucadia Reporting Persons and the Ramius Reporting Persons are solely
responsible for the information contained in this Statement on Schedule 13D
relating to such Reporting Person. Neither the Leucadia Reporting Persons nor
the Ramius Reporting Persons assume any responsibility for information contained
herein with respect to the other Reporting Person.

            (1) The Leucadia Reporting Persons.

            (a) - (c) and (f) The Leucadia Reporting Persons are Leucadia
National Corporation ("Leucadia"), Phlcorp, Inc. ("Phlcorp"), Baldwin
Enterprises, Inc. ("Baldwin") and RCG Baldwin, L.P. ("RCG Baldwin").

            Leucadia is a New York corporation with its principal office at 315
Park Avenue South, New York, New York 10010. Leucadia is a diversified holding
company engaged in a variety of businesses, including manufacturing,
telecommunications, property management and services, gaming entertainment, real
estate activities, medical product development and winery operations. The
Company also owns equity interests in operating businesses and investment
partnerships which are accounted for under the equity method of accounting,
including a broker-dealer engaged in the trading of high yield and special
situation securities, land based contract oil and gas drilling, real estate
activities and development of a copper mine in Spain. Approximately 25.1% of the
common shares of Leucadia outstanding at December 31, 2007 (including shares
issuable pursuant to currently exercisable warrants) are beneficially owned
(directly and through family members and family trusts) by Ian M. Cumming,
Chairman of the Board of Directors of Leucadia, and Joseph S. Steinberg, a
director and President of Leucadia. Charitable foundations independently
established by each of Messrs. Cumming and Steinberg each beneficially own less
than one percent of the outstanding common shares of Leucadia. Mr. Cumming and
Mr. Steinberg each disclaim beneficial ownership of the common shares of
Leucadia held by their respective charitable foundations. Mr. Cumming and Mr.
Steinberg have an oral agreement pursuant to which they will consult with each
other as to the election of a mutually acceptable Board of Directors of
Leucadia.



                                       16
<PAGE>



            Phlcorp is a Pennsylvania corporation with its principal office at
529 East South Temple, Salt Lake City, Utah 84102. Phlcorp is a holding company
through which Leucadia conducts certain of its operations. All of its
outstanding shares are owned by Leucadia.

            Baldwin is a Colorado corporation with its principal office at 529
East South Temple, Salt Lake City, Utah 84102. Baldwin is a holding company
through which Leucadia conducts certain of its operations. All of its
outstanding shares are owned by Phlcorp.

            RCG Baldwin is a Delaware limited partnership whose principal
business is making investments utilizing various strategies. The principal
office of RCG Baldwin is c/o Ramius Capital, 666 Third Avenue, 26th Floor, New
York, New York 10017.

            The name, business address, present principal occupation or
employment, and citizenship of each director and executive officer of each
Leucadia Reporting Person is set forth on Schedule A hereto.

            (d) - (e) During the last five years none of the Leucadia Reporting
Persons, nor, to their knowledge, any of their directors or executive officers,
has been (i) convicted of any criminal proceeding (excluding traffic violations
or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.

            (2) The Ramius Reporting Persons.

            (a) - (c) and (f) The Ramius Reporting Persons are RCG PB, Ltd.
("RCG PB"), RCG Sextant Master Fund, Ltd. ("RCG Sextant"), Ramius Advisors,
L.L.C. ("Ramius Advisors"), RCG Enterprise, Ltd. ("RCG Enterprise"), Ramius
Capital Group, L.L.C. ("Ramius Capital"), C4S & Co., L.L.C. ("C4S"), Peter A.
Cohen, Morgan B. Stark, Thomas W. Strauss and Jeffrey M. Solomon.

            RCG PB and RCG Sextant are Cayman Islands exempted companies whose
principal business is making investments utilizing various strategies. Ramius
Advisors is a Delaware limited liability company whose principal business is
money management and investment advisory services for third parties and
proprietary accounts and serves as the investment advisor of RCG PB. RCG
Enterprise is a Cayman Islands exempted company whose principal business is
serving as a private investment fund. Ramius Capital is a Delaware limited
liability company whose principal business is money management and investment
advisory services for third parties and proprietary accounts and is the
investment manager of RCG Enterprise and RCG Sextant and the sole member of
Ramius Advisors. C4S is a Delaware limited liability company which serves as
managing member of Ramius Capital. Mr. Cohen, Mr. Stark, Mr. Strauss and Mr.
Solomon each serves as co-managing member of C4S and each is a citizen of the
United States of America.

            The principal office of each Ramius Reporting Person, except RCG
Enterprise, RCG PB and RCG Sextant, is c/o Ramius Capital, 666 Third Avenue,
26th Floor, New York, New York 10017. The address of the principal office of
each of RCG Enterprise, RCG PB and RCG Sextant is c/o Citco Fund Services
(Cayman Islands) Limited, Corporate Center, West Bay Road, Grand Cayman, Cayman
Islands, British West Indies.



                                       17
<PAGE>



            The name, business address, present principal occupation or
employment, and citizenship of each director and executive officer of each
Ramius Reporting Person is set forth on Schedule B hereto.

            (d) - (e) During the last five years none of the Ramius Reporting
Persons, nor, to their knowledge, any of their directors or executive officers,
has been (i) convicted of any criminal proceeding (excluding traffic violations
or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of such proceeding
was or is subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

            (1) The Leucadia Reporting Persons.

            The aggregate amount of funds used by Baldwin to purchase the
5,593,100 shares of Common Stock reported herein by the Leucadia Reporting
Persons was $70,094,432, including commissions. All purchases of these shares of
Common Stock were made in open market transactions. In addition, Baldwin paid
$72,989,490 to Jefferies & Company, Inc. ("Jefferies") as a prepayment under the
share forward transaction described in Item 6 of this Statement on Schedule 13D
and incorporated herein by reference. Baldwin will pay Jefferies the balance of
the purchase price under the share forward transaction ($72,989,490) on February
25, 2008 in settlement of the share forward transaction. RCG Baldwin paid
$12,675,000 to Lehman Brothers OTC Derivatives Inc. ("Lehman") as a fee under
option agreements described in Item 6 of this Schedule 13D and incorporated
herein by reference. RCG Baldwin will pay $29,250,000 to Lehman on March 14,
2008 should Baldwin choose to exercise the options described in Item 6 of this
Statement on Schedule 13D. The source of funds used in connection with the
purchase of these shares of Common Stock and these option agreements is
Baldwin's funds available for investment. The information on Schedule A hereto
is incorporated by reference.

            (2) The Ramius Reporting Persons.

            The aggregate amount of funds used by the Ramius Reporting Persons
to purchase the 2,000,000 shares of Common Stock reported herein by the Ramius
Reporting Persons was $23,636,388, excluding commissions. All purchases of
Common Stock by the Ramius Reporting Persons were made in open market
transactions. All such purchases of Common Stock were funded by working capital,
which may, at any given time, include margin loans made by brokerage firms in
the ordinary course of business.

ITEM 4.  PURPOSE OF TRANSACTION.

            The Reporting Persons acquired the shares of Common Stock reported
herein to acquire a significant minority interest in the Company. The Reporting
Persons will consider increasing their stake in the Company through open market
purchases or otherwise, depending on the Company's business prospects,
prevailing prices and market conditions from time to time.

            Leucadia and the Company's President and Chairman have been
discussing a "standstill" agreement dealing with subject matters customarily
covered in an agreement with a significant minority shareholder.



                                       18
<PAGE>



            No assurance can be given that a standstill agreement will be
entered into, as to the terms of any such standstill, or that the Reporting
Persons would acquire additional shares of Common Stock even if a standstill
agreement is reached. The Reporting Persons may also dispose of securities of
the Company at any time and from time to time.

            On January 4, 2008, in connection with its acquisition of Common
Stock, Leucadia filed the notification required under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended (the "HSR Act") with the Federal
Trade Commission and the Antitrust Division of the United States Department of
Justice. On January 17, 2008, Leucadia requested early termination of the
waiting period under the HSR Act. The waiting period is expected to expire on
February 4, 2008, unless early termination is granted.

            Except as set forth above, neither the Reporting Persons, nor to
their knowledge, any of their respective directors or executive officers, has
any present plan or proposal which relate to or would result in any of the
actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

            As of the close of business on the date of this Statement, the
Reporting Persons may be deemed to beneficially own collectively an aggregate of
22,159,300 shares of Common Stock, representing approximately 19.4% of the
shares of Common Stock presently outstanding. All percentages in this Item 5 are
based on 114,162,314 shares of Common Stock outstanding as of October 31, 2007,
as set forth in the Company's Quarterly Report on Form 10-Q for the quarterly
period ended September 30, 2007. The Leucadia Reporting Persons and the Ramius
Reporting Persons each expressly disclaims beneficial ownership for all purposes
of the Common Stock held by the other Reporting Person. The foregoing does not
include any shares that are subject to the exchange-traded put options reported
in Item 6 hereof.

            (1) The Leucadia Reporting Persons.

            (a)   The responses of the Leucadia Reporting Persons to Rows (7)
through (13) of the cover pages of this Statement on Schedule 13D and the
information on Schedule A hereto are incorporated herein by reference. As of the
close of business on the date of this Statement, the Leucadia Reporting Persons
beneficially owned the following shares of Common Stock:

                  (i)   Baldwin may be deemed to beneficially own an aggregate
of 20,159,300 shares of Common Stock, representing approximately 17.7% of the
shares of Common Stock presently outstanding. This consists of (A) 5,593,100
shares of Common Stock, representing approximately 4.9% of the shares of Common
Stock presently outstanding, that Baldwin owns, (B) 11,316,200 shares of Common
Stock, representing approximately 9.9% of the shares of Common Stock presently
outstanding, that Baldwin may be deemed to beneficially own under Rule 13d-3
pursuant to the terms of the share forward transaction agreement between Baldwin
and Jefferies described in Item 6 of this Statement on Schedule 13D and
incorporated herein by reference, and (C) 3,250,000 shares of Common Stock,
representing approximately 2.8% of the shares of Common Stock presently
outstanding, that Baldwin may be deemed to beneficially own under Rule 13d-3
pursuant to the terms of option agreements between RCG Baldwin and Lehman
described in Item 6 of this Statement on Schedule 13D and incorporated herein by
reference.



                                       19
<PAGE>



                  (ii)  By virtue of its ownership of all of the outstanding
shares of Baldwin, for purposes of this Statement on Schedule 13D, Phlcorp may
be deemed to be the beneficial owner of all of the shares of Common Stock
beneficially owned by Baldwin.

                  (iii) By virtue of its ownership of all of the outstanding
shares of Phlcorp, for purposes of this Statement on Schedule 13D, Leucadia may
be deemed to be the beneficial owner of all of the shares of Common Stock
beneficially owned by Baldwin.

                  (iv)  By virtue of their ownership of Leucadia common shares
and their positions as Chairman of the Board, and President and a director,
respectively, of Leucadia, for purposes of this Statement on Schedule 13D, Mr.
Cumming and Mr. Steinberg may be deemed to be the beneficial owners of all of
the shares of Common Stock beneficially owned by Baldwin.

            (b) The responses of the Leucadia Reporting Persons to Rows (7)
through (10) of the cover pages of this Statement on Schedule 13D, Item 5(a)
hereof and the information on Schedule A hereto are incorporated herein by
reference. Leucadia, Phlcorp and Baldwin may be deemed to share voting and
dispositive power with respect to the 5,593,100 shares of Common Stock owned by
Baldwin reflected in this Statement on Schedule 13D.

                  Although the Leucadia Reporting Persons do not currently have
the power to vote or dispose of the 11,316,200 shares of Common Stock that
Leucadia, Phlcorp and Baldwin may be deemed to beneficially own pursuant to the
terms of the share forward transaction agreement between Baldwin and Jefferies
described in Item 6 of this Statement on Schedule 13D and incorporated herein by
reference, Leucadia, Phlcorp and Baldwin may be deemed under Rule 13d-3 to share
voting and dispositive power with respect to the 11,316,200 shares of Common
Stock.

                  Although the Leucadia Reporting Persons do not currently have
the power to vote or dispose of the 3,250,000 shares of Common Stock that the
Leucadia Reporting Persons may be deemed to beneficially own pursuant to the
terms of option agreements between RCG Baldwin and Lehman described in Item 6 of
this Statement on Schedule 13D and incorporated herein by reference, the
Leucadia Reporting Persons may be deemed under Rule 13d-3 to share voting and
dispositive power with respect to the 3,250,000 shares of Common Stock.

            (c) Except as set forth herein or in the attached Schedule C (with
respect to the Leucadia Reporting Persons), the Leucadia Reporting Persons have
not effected any transaction in shares of Common Stock during the sixty (60)
days preceding the date of this Statement.

            (d) Not applicable.

            (e) Not applicable.

            (2) The Ramius Reporting Persons.

            (a) The responses of the Ramius Reporting Persons to Rows (7)
through (13) of the cover pages of this Statement on Schedule 13D are
incorporated herein by reference. As of the close of business on the date of
this Statement, the Ramius Reporting Persons beneficially owned the following
shares of Common Stock:



                                       20
<PAGE>



                  (i)   RCG PB beneficially owns an aggregate of 256,250 shares
of Common Stock, representing less than 1% of the shares of Common Stock
presently outstanding.

                  (ii)  RCG Sextant beneficially owns an aggregate of 697,240
shares of Common Stock, representing less than 1% of the shares of Common Stock
presently outstanding.

                  (iii) RCG Enterprise beneficially owns an aggregate of
1,046,510 shares of Common Stock, representing less than 1% of the shares of
Common Stock presently outstanding.

                  (iv)  As investment manager of RCG PB, Ramius Advisors may be
deemed the beneficial owner of the 256,250 shares of Common Stock owned by RCG
PB.

                  (v)   As investment manager of RCG Enterprise and RCG Sextant
and sole member of Ramius Advisors, Ramius Capital may be deemed the beneficial
owner of the 2,000,000 shares of Common Stock owned by RCG Enterprise, RCG
Sextant and RCG PB.

                  (vi)  As the managing member of Ramius Capital, C4S may be
deemed the beneficial owner of the 2,000,000 shares of Common Stock owned by RCG
Enterprise, RCG Sextant and RCG PB.

                  (vii) As the managing members of C4S, each of Mr. Cohen, Mr.
Stark, Mr. Strauss and Mr. Solomon may be deemed the beneficial owner of the
2,000,000 shares of Common Stock owned by RCG Enterprise, RCG Sextant and RCG
PB.

            (b) Each of the Ramius Reporting Persons has sole voting and
dispositive power of the shares of Common Stock reported as beneficially owned
by it in Item 5(a) hereof, except that each of Mr. Cohen, Mr. Stark, Mr. Strauss
and Mr. Solomon has shared voting and dispositive power of the shares of Common
Stock reported as beneficially owned by him in Item 5(a) hereof.

            (c) Except as set forth herein or in the attached Schedule D (with
respect to the Ramius Reporting Persons), the Ramius Reporting Persons have not
effected any transaction in shares of Common Stock during the sixty (60) days
preceding the date of this Statement.

            (d) Not applicable.

            (e) Not applicable.

ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
         TO SECURITIES OF THE ISSUER.

            Baldwin and Jefferies have entered into a share forward transaction
agreement, dated January 11, 2008, pursuant to which Baldwin will acquire an
aggregate of 11,316,200 shares of Common Stock at a price of $12.90 per share on
February 25, 2008. Baldwin paid $72,989,490 to Jefferies on January 11, 2008 as
a prepayment and will pay an additional $72,989,490 to Jefferies on settlement
of the share forward transaction. The share forward transaction agreement is
attached hereto as Exhibit 1 and is incorporated herein by reference.

            On January 16, 2008, January 18, 2008 and January 22, 2008, RCG
Baldwin and Lehman entered into option agreements pursuant to which RCG Baldwin
has the right to acquire an aggregate of 3,250,000 shares of Common Stock at a
price of $9.00 per share on March 14, 2008 (the "Lehman


                                       21
<PAGE>



Options"). RCG Baldwin paid $12,675,000 to Lehman for the Lehman Options. The
form of the option agreements is attached hereto as Exhibit 2 and is
incorporated herein by reference.

            RCG Baldwin (which holds the Lehman Options as nominee for Baldwin),
Ramius Advisors, the general partner of RCG Baldwin, and Baldwin have an oral
understanding that Ramius Advisors and RCG Baldwin will not have any interest in
or any decision making authority with respect to the Lehman Options and the
shares of Common Stock underlying the Lehman Options. Baldwin, the sole limited
partner of RCG Baldwin, has sole decision making authority and sole pecuniary
interest with respect to the Lehman Options and the shares of Common Stock
underlying the Lehman Options.

            On December 13, 2007 and December 17, 2007, RCG Sextant and RCG
Enterprise sold exchange-traded put options underlying Common Stock, pursuant to
which they are obligated to purchase, but have no right to acquire, an aggregate
of 261,600 shares of Common Stock and 38,400 shares of Common Stock,
respectively, at a price of $7.50 per share. The put options are exercisable by
their holders at any time prior to their expiration on May 17, 2008. RCG Sextant
and RCG Enterprise received $1.15 for each share of Common Stock covered by the
put options.

            Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the
Reporting Persons have entered into an agreement with respect to the joint
filing of this Statement on Schedule 13D, and any amendment or amendments
thereto, a copy of which is attached hereto as Exhibit 3 and incorporated herein
by reference in its entirety.

ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS.

EXHIBIT 1         Share Forward Transaction Agreement, dated January 11, 2008,
                  between Baldwin Enterprises, Inc. and Jefferies & Company,
                  Inc.

EXHIBIT 2         Form of Option Agreement, between RCG Baldwin, L.P. and Lehman
                  Brothers OTC Derivatives Inc.

EXHIBIT 3         Agreement as to Joint Filing of Schedule 13D, dated January
                  22, 2008, by and among Leucadia National Corporation, Phlcorp,
                  Inc., Baldwin Enterprises, Inc., RCG Baldwin, L.P., RCG PB
                  Ltd, RCG Sextant Master Fund, Ltd., Ramius Advisors, L.L.C.,
                  RCG Enterprise, Ltd, Ramius Capital Group, L.L.C., C4S & Co.,
                  L.L.C., Peter A. Cohen, Morgan B. Stark, Thomas W. Strauss,
                  and Jeffrey M. Solomon.






                                       22
<PAGE>



                                        SIGNATURES

            After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.


Dated: January 22, 2008

                                 LEUCADIA NATIONAL CORPORATION

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President and Chief Financial
                                              Officer

                                 PHLCORP, INC.

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President

                                 BALDWIN ENTERPRISES, INC.

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President

                                 RCG BALDWIN, L.P.

                                 By: Ramius Advisors, LLC
                                          Its General Partner
                                 By: Baldwin Enterprises, Inc.
                                          As Attorney-In-Fact

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:  Joseph A. Orlando
                                      Title: Vice President

                                 RCG PB, LTD

                                 By: Ramius Advisors, L.L.C.
                                          Its Investment Advisor

                                 By: Ramius Capital Group, L.L.C.
                                              As Sole Member

                                 By: C4S & Co., L.L.C.
                                          As Managing Member



                                       23
<PAGE>



                                 RCG SEXTANT MASTER FUND, LTD.

                                 By: Ramius Capital Group, L.L.C.
                                          Its Investment Manager

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RAMIUS ADVISORS, LLC

                                 By: Ramius Capital Group, L.L.C.
                                              As Sole Member

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RCG ENTERPRISE, LTD

                                 By: Ramius Capital Group, L.L.C.
                                          Its Investment Manager

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RAMIUS CAPITAL GROUP, LLC

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 C4S & CO., LLC

                                 By:   /s/  Jeffrey M. Solomon
                                     ----------------------------------------
                                      Name:  Jeffrey M. Solomon
                                      Title: Authorized Signatory


                                   /s/  Jeffrey M. Solomon
                                 ------------------------------------------
                                 JEFFREY M. SOLOMON
                                 Individually and as attorney-in-fact for
                                 Peter A. Cohen, Morgan B. Stark and
                                 Thomas W. Strauss






                                       24
<PAGE>



                                  EXHIBIT INDEX

Exhibit No.
- -----------

      1     Share Forward Transaction Agreement, dated January 11, 2008, between
            Baldwin Enterprises, Inc. and Jefferies & Company, Inc.

      2     Form of Option Agreement, between RCG Baldwin, L.P. and Lehman
            Brothers OTC Derivatives Inc.

      3     Agreement as to Joint Filing of Schedule 13D, dated January 22,
            2008, by and among Leucadia National Corporation, Phlcorp, Inc.,
            Baldwin Enterprises, Inc., RCG Baldwin, L.P., RCG PB Ltd, RCG
            Sextant Master Fund, Ltd., Ramius Advisors, L.L.C., RCG Enterprise,
            Ltd, Ramius Capital Group, L.L.C., C4S & Co., L.L.C., Peter A.
            Cohen, Morgan B. Stark, Thomas W. Strauss, and Jeffrey M. Solomon.

































                                       25
<PAGE>



                                                                      Schedule A

       DIRECTORS AND EXECUTIVE OFFICERS OF THE LEUCADIA REPORTING PERSONS

The name, business address, present principal occupation or employment,
ownership of common stock of AmeriCredit Corp. and the name, principal business
and address of any corporation or other organization in which such employment is
conducted, of each of the directors and executive officers of the Leucadia
Reporting Persons is set forth below. Shares reflected below were acquired with
the purchaser's funds available for investment for a purchase price of $249,610.
Unless otherwise specified, the business address of each person listed below is
c/o Leucadia National Corporation, 315 Park Avenue South, New York, NY 10010. To
the knowledge of the Reporting Persons, each person listed below is a United
States citizen.

For purposes of this Schedule A, Leucadia is "(a)", Phlcorp is "(b)", and
Baldwin is "(c)".

<TABLE>
<CAPTION>
<S>     <C>    <C>    <C>    <C>    <C>    <C>
- -------------------------------------------------------------------------------------
Name and Business Address    Directorship     Offices            Principal Occupation
- -------------------------    ------------     -------            or Employment
                                                                 --------------------
- -------------------------------------------------------------------------------------
Ian M. Cumming                  (a), (c)    Chairman of the      Chairman of the
c/o Leucadia National                       Board of (a);        Board of (a)
Corporation                                 Chairman of the
529 E. South Temple                         Board of (c)
Salt Lake City, Utah 84102
- -------------------------------------------------------------------------------------
Joseph S. Steinberg             (a), (c)    President of (a);    President of (a)
                                            President of (c)
- -------------------------------------------------------------------------------------
Paul M. Dougan                  (a)         --                   Private Investor
- -------------------------------------------------------------------------------------
Lawrence D. Glaubinger          (a)         --                   Private Investor
- -------------------------------------------------------------------------------------
James E. Jordan                 (a)         --                   Private Investor
- -------------------------------------------------------------------------------------
Jesse Clyde Nichols, III        (a)         --                   Private Investor
- -------------------------------------------------------------------------------------
Alan J. Hirschfield             (a)         --                   Private Investor
                                                                  and Consultant
- -------------------------------------------------------------------------------------
Jeffrey C. Keil                 (a)         --                   Private Investor
- -------------------------------------------------------------------------------------
Philip M. Cannella              (b)         Assistant Vice       Assistant Vice
                                            President and        President and
                                            Director of Taxes    Director of Taxes
                                            of (a);              of (a)
                                            Vice President of
                                            (b);
                                            Vice President of
                                            (c)
- -------------------------------------------------------------------------------------



<PAGE>



- -------------------------------------------------------------------------------------
Name and Business Address    Directorship     Offices            Principal Occupation
- -------------------------    ------------     -------            or Employment
                                                                 --------------------
- -------------------------------------------------------------------------------------
Thomas E. Mara                  (b)         Executive Vice       Executive Vice
                                            President of (a);    President of (a)
                                            President of (b);
                                            Executive Vice
                                            President of (c)
- -------------------------------------------------------------------------------------
Joseph A. Orlando               (b), (c)    Vice President and   Vice President and
(24,000 shares of Common Stock)             Chief Financial      Chief Financial
                                            Officer of (a);      Officer of (a)
                                            Vice President and
                                            Treasurer of (b);
                                            Vice President of
                                            (c)
- -------------------------------------------------------------------------------------
Barbara L. Lowenthal            --          Vice President and   Vice President and
                                            Comptroller of (a);  Comptroller of (a)
                                            Vice President of
                                            (c)
- -------------------------------------------------------------------------------------
Justin R. Wheeler               --          Vice President of    Vice President of
                                            (a);                 (a)
                                            Vice President of
                                            (c)
- -------------------------------------------------------------------------------------
Jane Goldman                    --          Assistant Vice       Assistant Vice
                                            President            President
                                            of (a); Vice         of (a)
                                            President of
                                            (b)
- -------------------------------------------------------------------------------------
Joseph M. O'Connor              --          Vice President of    Vice President of
                                            (a);                 (a)
                                            Vice President of
                                            (b);
                                            Vice President of
                                            (c)
- -------------------------------------------------------------------------------------
Joseph E. Sartin                --          Vice President and   Vice President and
                                            Assistant Secretary  Assistant
                                            of (b)               Secretary of (b)
- -------------------------------------------------------------------------------------
Rocco J. Nittoli                --          Treasurer of (a);    Treasurer of (a)
                                            and
                                            Treasurer of (c)
- -------------------------------------------------------------------------------------
Patrick D. Bienvenue            --          Vice President of    Vice President of
                                            (c)                  (c)
- -------------------------------------------------------------------------------------
Corinne A. Maki                 --          Vice President &     Vice President &
                                            Assistant Secretary  Assistant
                                            of (c)               Secretary of (c)

- -------------------------------------------------------------------------------------
</TABLE>




<PAGE>



                                                                      Schedule B

        DIRECTORS AND EXECUTIVE OFFICERS OF THE RAMIUS REPORTING PERSONS

The name, business address, present principal occupation or employment, and the
name, principal business and address of any corporation or other organization in
which such employment is conducted, of each of the directors and executive
officers of the Ramius Reporting Persons (other than individuals) is set forth
below. Unless otherwise specified, the business address of each person listed
below is 666 Third Avenue, 26th Floor, New York, NY 10017. To the knowledge of
the Reporting Persons, each person listed below is a United States citizen.

For purposes of this Schedule B, RCG PB is "(a)", RCG Sextant is "(b)", Ramius
Advisors is "(c)", RCG Enterprise is "(d)", Ramius Capital is "(e)", and C4S is
"(f)".

<TABLE>
<CAPTION>
<S>     <C>    <C>    <C>    <C>    <C>    <C>
- -------------------------------------------------------------------------------------
Name and Business Address    Directorship     Offices            Principal Occupation
- -------------------------    ------------     -------            or Employment
                                                                 --------------------
- -------------------------------------------------------------------------------------
Morgan B. Stark                 (a); (d)    --                   Managing Member of
                                                                 (f)
- -------------------------------------------------------------------------------------
Marran Ogilvie                  (a); (d)    --                   General Counsel of
                                                                 (e)
- -------------------------------------------------------------------------------------
CFS Company Ltd.                (a); (b);   --                   Nominee Company
c/o Citco Fund Services         (d)                              registered with
(Cayman Islands) Limited                                         Cayman Islands
Corporate Center                                                 Monetary Authority
West Bay Road                                                    and is affiliated
Grand Cayman, Cayman Islands                                     with Administrator
British West Indies                                              of the Fund
- -------------------------------------------------------------------------------------
CSS Corporation Ltd.            --          Secretary of (a);    Affiliate of the
c/o Citco Fund Services                     (b); (d)             Administrator of
(Cayman Islands) Limited                                         the Fund
Corporate Center
West Bay Road
Grand Cayman, Cayman Islands
British West Indies
- -------------------------------------------------------------------------------------
Jeffrey Solomon                 (b)                              Managing Member of
                                                                 (f)
- -------------------------------------------------------------------------------------
Mason Stark                     (b)         --                   Portfolio Manager
                                                                 of (e)
- -------------------------------------------------------------------------------------
</TABLE>


<PAGE>



                                                                      Schedule C


    Transactions in Shares of Common Stock by the Leucadia Reporting Persons

- --------------------------------------------------------------------------------
REPORTING PERSON       DATE        TRANSACTION    NUMBER OF SHARES     PRICE PER
                                                  OF COMMON STOCK*      SHARE*
- --------------------------------------------------------------------------------
Baldwin              11/26/2007     Purchase          100,000           $9.67
- --------------------------------------------------------------------------------
Baldwin              11/27/2007     Purchase          150,000           $9.94
- --------------------------------------------------------------------------------
Baldwin              12/5/2007      Purchase          100,000           $10.38
- --------------------------------------------------------------------------------
Baldwin              12/12/2007     Purchase          40,000            $10.33
- --------------------------------------------------------------------------------
Baldwin              12/13/2007     Purchase          204,000           $9.73
- --------------------------------------------------------------------------------

* Shares of Common Stock were purchased over the day and the aggregate amount
and average price are indicated.



<PAGE>



                                                                      Schedule D


     Transactions in Shares of Common Stock by the Ramius Reporting Persons

- --------------------------------------------------------------------------------
REPORTING PERSON       DATE        TRANSACTION    NUMBER OF SHARES     PRICE PER
                                                  OF COMMON STOCK*      SHARE*
- --------------------------------------------------------------------------------
RCG Enterprise        12/11/2007       Purchase      74,706            $11.22
- --------------------------------------------------------------------------------
RCG Sextant           12/11/2007       Purchase      510,294           $11.10
- --------------------------------------------------------------------------------
RCG Enterprise        12/12/2007       Purchase      8,301             $10.71
- --------------------------------------------------------------------------------
RCG Sextant           12/12/2007       Purchase      56,699            $10.70
- --------------------------------------------------------------------------------
RCG Enterprise        12/20/2007       Sale          63,851            $10.69
- --------------------------------------------------------------------------------
RCG Sextant           12/20/2007       Sale          436,149           $10.70
- --------------------------------------------------------------------------------
RCG Enterprise        12/21/2007       Sale          19,156            $12.92
- --------------------------------------------------------------------------------
RCG Sextant           12/21/2007       Sale          130,844           $12.92
- --------------------------------------------------------------------------------
RCG Enterprise        01/11/2008       Purchase      545,415           $12.04
- --------------------------------------------------------------------------------
RCG PB                01/11/2008       Purchase      256,250           $12.04
- --------------------------------------------------------------------------------
RCG Sextant           01/11/2008       Purchase      223,335           $12.04
- --------------------------------------------------------------------------------
RCG Enterprise        01/14/2008       Purchase      501,095           $11.59
- --------------------------------------------------------------------------------
RCG Sextant           01/14/2008       Purchase      473,905           $11.59
- --------------------------------------------------------------------------------

* Shares of Common Stock were purchased over the day and the aggregate amount
and average price are indicated (excluding commissions).
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>mm01-2208_sc13de1.txt
<TEXT>
                                                                       EXHIBIT 1
                                                                       ---------

                                                                Jefferies [Logo]


                            SHARE FORWARD TRANSACTION

                                                                January 11, 2008

Baldwin Enterprises, Inc.
c/o Leucadia National Corporation
315 Park Avenue South
New York, NY 10010
Attn:  Thomas E. Mara


Dear Sir or Madam:

         The purpose of this letter agreement (this "CONFIRMATION") is to
confirm the terms and conditions of the Transaction entered into between
Jefferies & Company, Inc. ("PARTY A") and Baldwin Enterprises, Inc., a Colorado
corporation ("PARTY B"), on the Trade Date specified below (the "TRANSACTION").
This Confirmation constitutes a "Confirmation" as referred to in the ISDA Master
Agreement specified below.

         The definitions and provisions contained in the 2002 ISDA Equity
Derivatives Definitions (the "EQUITY DEFINITIONS"), as published by the
International Swaps and Derivatives Association, Inc., are incorporated into
this Confirmation. In the event of any inconsistency between the Equity
Definitions and this Confirmation, this Confirmation will govern. This
Transaction shall be deemed to be a "Share Forward Transaction" for purposes of
the Equity Definitions.

1.       This Confirmation evidences a complete binding agreement between you
and us as to the terms of the Transaction to which this Confirmation relates and
shall supplement, form a part of, and be subject to an agreement in the form of
the ISDA Master Agreement (Multicurrency--Cross Border) as if we had executed an
agreement in such form (but without any Schedule except for the election of the
laws of the State of New York as the governing law, the election of Market
Quotation and Second Method and U.S. Dollars as the Termination Currency) on the
Trade Date. In the event of any inconsistency between the provisions of that
agreement and this Confirmation, this Confirmation will prevail for the purpose
of this Transaction.

2.       The terms of the particular Transaction to which this Confirmation
relates are as follows:

GENERAL TERMS:

         Trade Date:                        January 10, 2008

         Seller:                            Party A

         Buyer:                             Party B

         Shares:                            Common Stock, par value $0.01
                                            per share, of AmeriCredit Corp.
                                            (Ticker: "ACF")

         Number of Shares:                  11,316,200

         Forward Price:                     USD 12.90 per Share

         Prepayment:                        Applicable

<PAGE>

Baldwin Enterprises, Inc.
January 11, 2008



         Prepayment Amount:                 USD 72,989,490

         Prepayment Date:                   Three Business Days following the
                                            Trade Date

         Exchange:                          NYSE

         Related Exchange(s):               All Exchanges

SETTLEMENT TERMS:

         Physical Settlement:               Applicable; provided that in lieu of
                                            the provisions set forth in Section
                                            9.2(a) of the Equity Definitions, on
                                            the Settlement Date, Buyer will pay
                                            to Seller an amount equal to (x) the
                                            Forward Price multiplied by the
                                            Number of Shares minus (y) the
                                            Prepayment Amount, and Seller will
                                            deliver to Buyer the Number of
                                            Shares to be Delivered

         Settlement Date:                   February 25, 2008

         Settlement Currency:               USD

         Settlement Method Election:        Not Applicable

SHARE ADJUSTMENTS:

         Method of Adjustment:              Calculation Agent Adjustment

EXTRAORDINARY EVENTS:

         Consequences of Merger Events:     Not Applicable

         Tender Offer:                      Not Applicable

         Composition of Combined
         Consideration:                     Not Applicable

         Nationalization, Insolvency
         or Delisting:                      Not Applicable

ADDITIONAL REPRESENTATIONS, AGREEMENTS AND ACKNOWLEDGEMENTS:

         Non-Reliance:                      Applicable

         Agreements and Acknowledgments
         Regarding Hedging Activities:      Applicable. For the avoidance of
                                            doubt, (x) in no event shall Party A
                                            deliver, transfer, assign or
                                            otherwise convey any Shares or other
                                            Hedge Positions (if any) held by it,
                                            or beneficial interest(s) in such
                                            Shares or other Hedge Positions (if
                                            any), to Party B hereunder prior to
                                            the Physical Settlement of this
                                            Transaction on the Settlement Date,
                                            (y) the parties agree that Party B
                                            will not have any voting rights with
                                            respect to any such Shares or other
                                            Hedge Positions (if any) held by
                                            Party A prior to the Physical


                                       2

<PAGE>

Baldwin Enterprises, Inc.
January 11, 2008



                                            Settlement of this Transaction on
                                            the Settlement Date, and (z) neither
                                            Party A nor any affiliate of Party A
                                            shall be obligated to purchase,
                                            sell, enter into or maintain any
                                            Hedge Positions.

         Additional Acknowledgments:        Applicable

         Eligible Contract Participant:     Each party represents to the other
                                            party that it is an "eligible
                                            contract participant" as defined in
                                            the U.S. Commodity Exchange Act (as
                                            amended)

3.       CALCULATION AGENT:                 Party A; provided that all
                                            calculations and determinations made
                                            by the Calculation Agent are subject
                                            to review and concurrence by the
                                            other party. If Party A and Party B
                                            disagree with respect to any
                                            calculation or determination, Party
                                            A and Party B will each appoint an
                                            independent Reference Market-maker,
                                            and such two Reference Market-makers
                                            will jointly appoint a third
                                            Reference Market-maker. Such three
                                            Reference Market-makers will jointly
                                            make such calculation or
                                            determination (acting as experts and
                                            not as arbitrators), whose
                                            calculation or determination will be
                                            binding and conclusive absent
                                            manifest error. In addition, if at
                                            any time an Event of Default has
                                            occurred and is continuing with
                                            respect to Party A and an Event of
                                            Default has not occurred and is not
                                            continuing with respect to Party B,
                                            Party B will act as Calculation
                                            Agent or will appoint a third party
                                            to act as Calculation Agent, subject
                                            to the foregoing proviso and
                                            provisions.

4.       NOTICE AND ACCOUNT DETAILS:

             Address for Notices to Party A:   Jefferies & Company, Inc.
                                               520 Madison Avenue
                                               New York, NY 10022
                                               Attention: General Counsel
                                               Tel: 212 284-2266
                                               Fax: 212 284-2280

             Account for payments to Party A:  Bank of New York
                                               ABA# 021000018
                                               A/C Jefferies & Company Inc.
                                               A/C 890-000-7001

             Address for Notices to Party B:   Baldwin Enterprises, Inc.
                                               c/o Leucadia National Corporation
                                               315 Park Avenue South
                                               New York, NY 10010
                                               Attention: Thomas E. Mara
                                               Tel.: 212-460-1981
                                               Fax:  212-598-3215

             Account for delivery of Shares
             to Party B:                       To be provided



                                       3
<PAGE>

Baldwin Enterprises, Inc.
January 11, 2008




6.       OFFICES:

                  (a)      The Office of Party A for this Transaction is: Not
                           Applicable; and

                  (b)      The Office of Party B for this Transaction is: Not
                           Applicable.

7.       TRANSFER. Neither party may transfer any of its rights or obligations
under this Transaction without the prior written consent of the non-transferring
party; provided that such consent will not be unreasonably withheld or delayed.

8.       TAX DISCLOSURE. Party B and each of its employees, representatives, or
other agents may disclose to any and all persons, without limitation of any
kind, the tax treatment and tax structure of this Transaction and all materials
of any kind (including opinions or other tax analyses) that are provided to
Party B relating to such tax treatment and tax structure.

9.       GOVERNING LAW AND WAIVER OF JURY TRIAL: This Confirmation will be
governed by and construed in accordance with the laws of the State of New York
without reference to the choice of law doctrine that would result in application
of the laws of another jurisdiction. Each party waives, to the fullest extent
permitted by applicable law, any right it may have to a trial by jury in respect
of any suit, action or proceeding relating to this Transaction.

         Please confirm that the foregoing correctly sets forth the terms of our
agreement by executing a copy of this Confirmation and returning it to us at
646-417-5820.

                                           Yours sincerely,

                                           JEFFERIES & COMPANY, INC.



                                           By:  /s/  Jason Griffith
                                                -------------------------------
                                                Name:  Jason Griffith
                                                Title: Head of Equity Department

Confirmed as of the date first above written:

BALDWIN ENTERPRISES, INC.



By:  /s/  Joseph A. Orlando
     -------------------------------
     Name:   Joseph A. Orlando
     Title:  Vice President




                                       4
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>mm01-2208_sc13de2.txt
<TEXT>
                                                                       EXHIBIT 2
                                                                       ---------

                                LEHAMAN BROTHERS

                                   TRANSACTION


Date:             [  ] January, 2008

To:               RCG Baldwin LP
                  Attention:   Documentation Unit


From:             Lehman Brothers, Inc acting as Agent
                  Lehman Brothers OTC Derivatives Inc., acting as Principal
                  Capital Markets Contracts--Legal
                  Facsimile:  (+1) 646-885-9546 (United States of America)
                  Telephone:  212-526-1077 - David Sanders

Ref. Numbers: Global Deal ID: [ ]


- --------------------------------------------------------------------------------

Dear Sir or Madam:

The purpose of this communication (this "Confirmation") is to confirm the terms
and conditions of the transactions (each a "Transaction") entered into between
Lehman Brothers OTC Derivatives Inc. ("Party A") and RCG Baldwin LP ("Party B")
on the Trade Date specified below. This Confirmation constitutes a
"Confirmation" as referred to in the Agreement specified below.

This Confirmation evidences a complete and binding agreement between Party A and
Party B as to the terms of the Transaction to which this Confirmation relates.
In addition, you and we agree to use all reasonable efforts promptly to
negotiate, execute and deliver an agreement in the form of the ISDA Master
Agreement (Multicurrency-Cross Border) (the "ISDA Form"), with such
modifications as you and we will in good faith agree. Upon the execution by you
and us of such an agreement, this Confirmation shall supplement, form a part of,
and be subject to that agreement (the "Agreement"). All provisions contained or
incorporated by reference in the Agreement, upon its execution, will govern this
Confirmation except as expressly modified below. Until we execute and deliver
the Agreement, this Confirmation, together with all other documents confirming
transactions entered into between us and referring to the ISDA Form, shall
supplement, form a part of, and be subject to an agreement in the form of the
ISDA Form as if we had executed an agreement in such form (but without any
Schedule) on the Trade Date of this Transaction. In the event of any
inconsistency between the provisions of that agreement, or the Agreement, when
executed, and this Confirmation, this Confirmation will prevail for the purpose
of this Transaction.

The definitions and provisions contained in the 2002 ISDA Equity Derivatives
Definitions (the "Equity Definitions") and the 2006 ISDA Definitions (the "Swap
Definitions", and together with the Equity Definitions, the "Definitions"), in
each case as published by the International Swaps and Derivatives Association,
Inc. ("ISDA") are incorporated into this Confirmation. References herein to
"Transaction" shall be deemed references to "Swap Transaction" for purposes of
the Swap Definitions. In the event of any inconsistency between the Equity
Definitions and the Swap Definitions, the Equity Definitions will govern. In the
event of any inconsistency between either set of Definitions and this
Confirmation, this Confirmation will govern.

Party A and Party B each represents that entering into the Transaction is within
its capacity, is duly authorized and does not violate any laws of its
jurisdiction of organization or residence or the terms of any agreement to which
it is a party. Party A and Party B each represents that (a) it is not relying on
the other party in connection with its decision to enter into this Transaction,
and neither party is acting as an advisor to or fiduciary of the other party in
connection with this Transaction regardless of whether the other party provides
it with market information or its views; (b) it understands the risks of the



                          LEHMAN BROTHERS FINANCE S.A.
          TALSTRASSE 82 - P.O. BOX 2828 - CH-8021 ZURICH - SWITZERLAND
                          TELEPHONE (+41) 44 287 88 42

<PAGE>



Transaction and any legal, regulatory, tax, accounting and economic consequences
resulting therefrom; and (c) it has determined based upon its own judgment and
upon any advice received from its own professional advisors as it has deemed
necessary to consult that entering into the Transaction is appropriate for such
party in light of its financial capabilities and objectives. Party A and Party B
each represents that upon due execution and delivery of this Confirmation, it
will constitute a legally valid and binding obligation, enforceable against it
in accordance with its terms, subject to applicable principles of bankruptcy and
creditors' rights generally and to equitable principles of general application.

The terms of the particular Transaction to which this Confirmation relates are
as follows:


   GENERAL TERMS:

   TRANSACTION:
        Agent:                              Lehman Brothers, Inc. ("LBI") is
                                            acting as agent on behalf of Party A
                                            and Party B for this Transaction.
                                            LBI has no obligations, by
                                            guarantee, endorsement or otherwise,
                                            with respect to the performance of
                                            this Transaction by either party.

        Trade Date:                         [  ] January, 2008

        Option Style:                       European

        Option Type:                        Call

        Seller:                             Party A

        Buyer:                              Party B

        Shares:                             AmeriCredit Corp. (the "Issuer")
                                            Ticker Symbol: ACF

        Number of Options:                  [              ]

        Option Entitlement:                 100 Share(s) per Option

        Strike Price:                       9.00

        Premium:                            USD [                 ]

        Premium Payment Date:               [  ] January, 2008

        Exchange(s):                        New York Stock Exchange

        Related Exchange(s):                All Exchanges

        Disrupted Day:                      The definition of "Disrupted Day" in
                                            Section 6.4 of the Equity
                                            Definitions shall be amended by
                                            adding the following sentence after
                                            the first sentence: "A Scheduled
                                            Trading Day on which a Related
                                            Exchange fails to open during its
                                            regular trading session will not be
                                            a Disrupted Day if the Calculation
                                            Agent determines that such failure
                                            will not have a material impact on
                                            Party A's ability to unwind any
                                            related hedging transactions."

   PROCEDURE FOR EXERCISE:




                                  Page 2 of 9
                         Global Deal ID: [            ]
<PAGE>

        Expiration Time:                    At the close of trading on the
                                            Exchange, without regard to extended
                                            trading hours

        Expiration Date:                    14 March 2008

        Automatic Exercise:                 Applicable. The definition of
                                            "In-the-Money" in Section 3.4(c) of
                                            the Equity Definitions shall be
                                            deleted in its entirety and replaced
                                            with the following: "In-the-Money"
                                            means (i) in respect of a Call that
                                            the Reference Price is greater than
                                            the Strike Price and (ii) in respect
                                            of a Put, that the Reference Price
                                            is less than the Strike Price.

        Reference Price:                    The official closing price per Share
                                            as quoted by the Exchange at the
                                            Expiration Time on the Expiration
                                            Date.

   SETTLEMENT TERMS:

        Physical Settlement:                Applicable

        Settlement Currency:                USD

   SHARE ADJUSTMENTS:

        Method of Adjustment:               Calculation Agent Adjustment

   EXTRAORDINARY EVENTS:

        CONSEQUENCES OF MERGER EVENTS:

        Share-for-Share:                    Modified Calculation Agent
                                            Adjustment

        Share-for-Other:                    Cancellation and Payment
                                            (Calculation Agent Determination)

        Share-for-Combined:                 Modified Calculation Agent
                                            Adjustment

   TENDER OFFER:                            Applicable

        CONSEQUENCES OF TENDER OFFERS:

        Share-for-Share:                    Modified Calculation Agent
                                            Adjustment

        Share-for-Other:                    Modified Calculation Agent
                                            Adjustment

        Share-for-Combined:                 Modified Calculation Agent
                                            Adjustment

        New Shares:                         The definition of "New Shares" in
                                            Section 12.1 of the Equity
                                            Definitions shall be amended by
                                            deleting subsection (i) in its
                                            entirety and replacing it with the
                                            following: "(i) publicly quoted,
                                            traded or listed on the New York
                                            Stock Exchange, the American Stock
                                            Exchange or the NASDAQ Global Select
                                            Market or the NASDAQ Global Market
                                            and"



                                  Page 3 of 9
                         Global Deal ID: [            ]
<PAGE>



        Tender Offers:                      The definition of "Tender Offer" in
                                            Section 12.1 of the Equity
                                            Definitions will be amended by
                                            replacing the phrase "outstanding
                                            voting shares of the Issuer" in the
                                            fourth line thereof with
                                            "outstanding Shares"

   COMPOSITION OF COMBINED CONSIDERATION:   Not Applicable

   NATIONALIZATION, INSOLVENCY OR
   DELISTING:                               Cancellation and Payment
                                            (Calculation Agent Determination)

        Delisting:                          The definition of "Delisting" in
                                            Section 12.6 of the Equity
                                            Definitions shall be deleted in its
                                            entirety and replaced with the
                                            following: `"Delisting" means that
                                            the Exchange announces that pursuant
                                            to the rules of such Exchange, the
                                            Shares cease (or will cease) to be
                                            listed, traded or publicly quoted on
                                            the Exchange for any reason (other
                                            than a Merger Event or Tender Offer)
                                            and are not immediately re-listed,
                                            re-traded or re-quoted on the New
                                            York Stock Exchange, the American
                                            Stock Exchange or the NASDAQ Global
                                            Select Market or the NASDAQ Global
                                            Market".

   ADDITIONAL DISRUPTION EVENTS:

        Change in Law:                      Applicable; provided that (a)
                                            Section 12.9(a)(ii)(X) of the Equity
                                            Definitions is hereby amended by
                                            replacing the word "Shares" with the
                                            words "Hedge Positions" and (b)
                                            Section 12.9(a)(ii)(Y) of the Equity
                                            Definitions is hereby deleted

        Failure to Deliver:                 Applicable

        Insolvency Filing:                  Applicable

                                            The definition of "Insolvency
                                            Filing" in Section 12.9 of the
                                            Equity Definitions shall be amended
                                            by deleting the clause "provided
                                            that such proceedings instituted or
                                            petitions presented by creditors and
                                            not consented to by the Issuer shall
                                            not be deemed an Insolvency Filing"
                                            at the end of such definition and
                                            replacing it with the following: ";
                                            or it has instituted against it a
                                            proceeding seeking a judgment of
                                            insolvency or bankruptcy or any
                                            other relief under any bankruptcy or
                                            insolvency law or other similar law
                                            affecting creditors' rights, or a
                                            petition is presented for its
                                            winding-up or liquidation by a
                                            creditor and such proceeding is not
                                            dismissed, discharged, stayed or
                                            restrained in each case within
                                            fifteen (15) days of the institution
                                            or presentation thereof."



                                  Page 4 of 9
                         Global Deal ID: [            ]
<PAGE>

                                            Section 12.9(b)(i) of the Equity
                                            Definitions is hereby amended by
                                            adding the following sentence at the
                                            end: "If neither party elects to
                                            terminate the Transaction, the
                                            Calculation Agent may adjust the
                                            terms of the Transaction upon the
                                            occurrence of such an event pursuant
                                            to Modified Calculation Agent
                                            Adjustment (as if such event were a
                                            Tender Offer)."

        Hedging Disruption:                 Applicable

        Increased Cost of Hedging:          Applicable

        Loss of Stock Borrow:               Not Applicable

        Increased Cost of Stock Borrow:     Not Applicable

        Determining Party:                  Party A shall be the Determining
                                            Party where applicable in connection
                                            with all Extraordinary Events

        Hedging Party:                      Party A shall be the Hedging Party
                                            where applicable in connection with
                                            all Extraordinary Events

        Non-Reliance:                       Applicable

        Agreements and Acknowledgments
        Regarding Hedging Activities:       Applicable


        Additional Acknowledgments:         Applicable

   ADDITIONAL PROVISION:                    If a Merger Date or Tender Offer
                                            Date is scheduled to be after, in
                                            respect of an Option Transaction,
                                            the Expiration Date or, in respect
                                            of any other Transaction, the final
                                            Valuation Date, the Calculation
                                            Agent will determine the economic
                                            effect on the theoretical value of
                                            the Transaction of the announcement
                                            of a potential Merger Event or
                                            Tender Offer (including without
                                            limitation any change in volatility,
                                            expected dividends, stock loan rate
                                            or liquidity relevant to the Shares
                                            or to the Transaction) from the
                                            Announcement Date to the Expiration
                                            Date or the final Valuation Date, as
                                            applicable. If such economic effect
                                            is material, the Calculation Agent
                                            will adjust the terms of the
                                            Transaction to reflect such economic
                                            effect.






                                  Page 5 of 9
                         Global Deal ID: [            ]
<PAGE>


   ADDITIONAL PROVISION:                    Party B represents and warrants that
                                            it has received and read and
                                            understands the Notice of Regulatory
                                            Treatment and the OTC Option Risk
                                            Disclosure Statement.

                                            Party A hereby notifies Party B
                                            that, with respect to collateral
                                            delivered to Party A by Party B
                                            pursuant to this Transaction: (i)
                                            except as otherwise agreed in
                                            writing between Party A and Party B,
                                            Party A may repledge or otherwise
                                            use such collateral in Party A's
                                            business; (ii) in the event of Party
                                            A's failure, Party B will likely be
                                            considered an unsecured creditor of
                                            Party A as to such collateral; (iii)
                                            the Securities Investor Protection
                                            Act of 1970 (15 U.S.C. 78aaa will
                                            likely be considered an unsecured
                                            creditor of Party A as to such
                                            collateral; (iii) the Securities
                                            Investor Protection Act of 1970 (15
                                            U.S.C. 78aaa through 78lll) does not
                                            protect Party B; and (iv) such
                                            collateral will not be subject to
                                            the requirements of Rules 8c-1,
                                            15c2-1, 15c3-2 or 15c3-3 under the
                                            Securities Exchange Act of 1934, as
                                            amended.

                                            The Agent will furnish Party B upon
                                            written request a statement as to
                                            the source and amount of any
                                            remuneration received or to be
                                            received by the Agent in connection
                                            with the Transaction evidenced
                                            hereby.

   MISCELLANEOUS:

        Additional  Representations and     (i) Party B represents to Party A
        Warranties of Party B:              (at all times until termination of
                                            this Transaction) that it is an
                                            "eligible contract participant"
                                            within the meaning of Section 1a(12)
                                            of the Commodity Exchange Act, as
                                            amended.

                                            (ii) Party B (A) is not an
                                            "affiliate" of the Issuer, as such
                                            term is defined in Rule 144 under
                                            the 1933 Act (B) nor is it a
                                            counterparty entering into this
                                            Transaction on behalf of the Issuer
                                            or any affiliate thereof, (C) nor is
                                            it required to file reports with
                                            respect to the Shares or the Issuer
                                            pursuant to Sections 13(d) or 16(a)
                                            of the Securities Exchange Act of
                                            1934, as amended (the "1934 Act");



                                  Page 6 of 9
                         Global Deal ID: [            ]
<PAGE>



                                            (iii) Party B shall notify Party A
                                            immediately of its intention to take
                                            any action that could reasonably be
                                            expected to result in Party B
                                            becoming (A) an "affiliate" of the
                                            Issuer, within the meaning of Rule
                                            144 under the Securities Act of
                                            1933, as amended (the "1933 Act"),
                                            or (B) an "insider" of the Issuer
                                            within the meaning of Section 16
                                            under the Securities Exchange Act of
                                            1934, as amended (the "1934 Act").

                                            Party B shall not take any such
                                            action without Party A's permission.
                                            Failure to notify Party A or to
                                            obtain Party A's permission in
                                            connection with any action taken in
                                            violation of this provision shall
                                            constitute an Additional Termination
                                            Event with respect to which Party B
                                            shall be the sole Affected Party;

                                            (iv)Party B is not in possession of
                                            any material non-public information
                                            concerning the business, operations
                                            or prospects of the Issuer and was
                                            not in possession of any such
                                            information at the time of placing
                                            any order with respect to the
                                            Transaction.

                                            "Material" information for these
                                            purposes is any information to which
                                            an investor would reasonably attach
                                            importance in reaching a decision to
                                            buy, sell or hold any securities of
                                            the Issuer(s).

                                            (v) Party B's entry into this
                                            Transaction, any sale of Shares
                                            hereunder and Party A's exercise of
                                            all rights and remedies hereunder
                                            complies with and is not in any way
                                            limited by (A) any trading or
                                            "blackout" policies of the Issuer or
                                            (B) any other conditions or
                                            restrictions imposed by the Issuer
                                            on the sale, transfer, loan, pledge,
                                            disposition or other use by its
                                            employees of any Shares; and

                                            (vi) neither Party A nor any of its
                                            affiliates has advised Party B with
                                            respect to any legal, regulatory,
                                            tax, accounting or economic
                                            consequences arising from this
                                            Transaction, and neither Party A nor
                                            any of its affiliates is acting as
                                            agent (other than LBI as dual agent
                                            if specified above), or advisor for
                                            Party B in connection with this
                                            Transaction.

        Payments on Early Termination:      Party A and Party B agree that for
                                            this Transaction, for the purposes
                                            of Section 6(e) of the Agreement,
                                            Loss and the Second Method will
                                            apply

        Calculation Agent:                  Lehman Brothers, Inc.

        Office:                             For the purposes of this
                                            Transaction, Party A is not a
                                            Multibranch Party, and Party B is
                                            not a Multibranch Party.



                                  Page 7 of 9
                         Global Deal ID: [            ]
<PAGE>


        Transfer:                           Notwithstanding Section 7 of the
                                            Agreement, Party A may assign its
                                            rights and obligations under this
                                            Transaction, in whole and not in
                                            part, to any Affiliate of Lehman
                                            Brothers Holdings Inc. ("Holdings")
                                            effective upon delivery to Party B
                                            of the guarantee by Holdings, in
                                            favor of Party B, of the obligations
                                            of such Affiliate; provided,
                                            however, any provision to the
                                            contrary in the Agreement, when
                                            executed, shall take precedence over
                                            this election.

        Governing Law:                      New York law; provided, however, any
                                            provision to the contrary in the
                                            Agreement, when executed, shall take
                                            precedence over this election.

        Termination Currency:               USD; provided, however, any
                                            provision to the contrary in the
                                            Agreement, when executed, shall take
                                            precedence over this election.

        Waiver of Trial By Jury:            Insofar as is permitted by law, each
                                            party irrevocably waives any and all
                                            rights to trial by jury in any legal
                                            proceeding in connection with this
                                            Transaction, and acknowledges that
                                            this waiver is a material inducement
                                            to the other party's entering into
                                            this Transaction hereunder;
                                            provided, however, any provision to
                                            the contrary in the Agreement, when
                                            executed, shall take precedence over
                                            this election.


THE SECURITIES REPRESENTED BY THE CONFIRMATION HAVE BEEN ACQUIRED FOR INVESTMENT
AND HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 OR
ANY OTHER UNITED STATES FEDERAL OR STATE SECURITIES LAWS; SUCH SECURITIES MAY
NOT BE SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF APPROPRIATE REGISTRATION
UNDER SUCH SECURITIES LAWS OR EXCEPT IN A TRANSACTION EXEMPT FROM OR NOT SUBJECT
TO THE REGISTRATION REQUIREMENTS OF SUCH SECURITIES LAWS.











                                  Page 8 of 9
                         Global Deal ID: [            ]
<PAGE>



Please confirm your agreement with the foregoing by executing this Confirmation
and returning such Confirmation, in its entirety, to us at facsimile number (+1)
646-885-9546 (United States of America), Attention: Confirmations Group.



Yours sincerely,                            Accepted and agreed to:

LEHMAN BROTHERS OTC DERIVATIVES INC.        RCG BALDWIN LP




                                            By:    _____________________________
                                            Name:
                                            Title:

Execution time will be furnished upon Counterparty's written request.

























                                  Page 9 of 9
                         Global Deal ID: [            ]
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>mm01-2208_sc13de3.txt
<TEXT>
                                                                       EXHIBIT 3
                                                                       ---------



                  AGREEMENT AS TO JOINT FILING OF SCHEDULE 13D

                             Dated: January 22, 2008

The undersigned acknowledge and agree that the foregoing statement on Schedule
13D is filed on behalf of each of the undersigned and that all subsequent
amendments to this statement shall be filed on behalf of each of the undersigned
without the necessity of filing additional joint filing agreements. The
undersigned acknowledge that each shall be responsible for the timely filing of
such amendments, and for the completeness and accuracy of the information
concerning it contained therein, but shall not be responsible for the
completeness and accuracy of the information concerning the others, except to
the extent that it knows or has reason to believe that such information is
inaccurate.

This Agreement may be executed in counterparts and each of such counterparts
taken together shall constitute one and the same instrument.

                                 LEUCADIA NATIONAL CORPORATION

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President and Chief Financial
                                              Officer

                                 PHLCORP, INC.

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President

                                 BALDWIN ENTERPRISES, INC.

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:   Joseph A. Orlando
                                      Title:  Vice President

                                 RCG BALDWIN, L.P.

                                 By: Ramius Advisors, LLC
                                          Its General Partner
                                 By: Baldwin Enterprises, Inc.
                                          As Attorney-In-Fact

                                 By:   /s/  Joseph A. Orlando
                                     ----------------------------------------
                                      Name:  Joseph A. Orlando
                                      Title: Vice President




<PAGE>

                                 RCG PB, LTD

                                 By: Ramius Advisors, L.L.C.
                                          Its Investment Advisor

                                 By: Ramius Capital Group, L.L.C.
                                              As Sole Member

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RCG SEXTANT MASTER FUND, LTD.

                                 By: Ramius Capital Group, L.L.C.
                                          Its Investment Manager

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RAMIUS ADVISORS, LLC

                                 By: Ramius Capital Group, L.L.C.
                                              As Sole Member

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RCG ENTERPRISE, LTD

                                 By: Ramius Capital Group, L.L.C.
                                          Its Investment Manager

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 RAMIUS CAPITAL GROUP, LLC

                                 By: C4S & Co., L.L.C.
                                          As Managing Member

                                 C4S & CO., LLC

                                 By:   /s/  Jeffrey M. Solomon
                                     ----------------------------------------
                                      Name:  Jeffrey M. Solomon
                                      Title: Authorized Signatory


                                   /s/  Jeffrey M. Solomon
                                 ------------------------------------------
                                 JEFFREY M. SOLOMON
                                 Individually and as attorney-in-fact for
                                 Peter A. Cohen, Morgan B. Stark and
                                 Thomas W. Strauss

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
