TheDeal.com has some fun with several notable private equity deals from 2008. The Tin Cup Award goes to Cerberus Capital Management: While the CEO of Chrysler sought a bailout, GMAC tried to turn itself into a bank to get TARP funds. The "E" for Effort Award goes to Apollo-controlled Hexion Specialty Chemicals "for signing a $10.5 billion pact to buy Huntsman, then trying it best to cancel it." The Miscalculations and Misunderestimations Award goes to TPG Capital, for shelling out $1.35 billion to bail out Washington Mutual. The Most Slippery Deal Award goes to BCE. Initially, it was announced as the largest ever, but it just kept on slipping until it was canceled. The Feel Good Award goes to Kirtland Capital Partners "for successfully executing one of the year's solid exits, by selling to a SPAC."

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