youtargetr software preview Secrets



CMBS inventories are at the moment atabout $fifteen billion outside of that (inaudible) billion that we recorded as currentmortgage stock balances. When we think about the $fifteen billion I'll level outthat of that the most important the vast majority are reasonably limited-expression floating ratecommercial financial loans.

We've now crossed the board, the two prices, fairness and credit history of allenjoyed very solid efficiency. We just experienced a quite challenging operatingenvironment this quarter.

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Since the phrases of a lot of our inventory award options are suchthat the accounting for the people have been that we expensed them for the 12 months grant,which is not the norm. The norm is usually to amortize it in excess of the vesting periods.

Couple of issues, just one property beneath administration. You talkedabout the spin off impacting on. Outside of the spin off, is it possible to take a look at littlebit of about what kind of flows you might have viewed or how matters are heading as far aasset amounts go about the wake on the problems you guys have last quarter? Sam Molinaro

Partly offsetting the losses from our credit score buying and selling businesseswere improvement in our leverage finance region, which rebounded with the poorresults in the course of the sequential quarter.

Our efficiency this quarter, and for the total calendar year, isclearly disappointing, which isn't acceptable to us. We have been fully committedand self-assured inside our capacity to return the franchise to profitability in 2008.

Sort of like the quantity of software companies give "no cost" software in which the user adds worth by using it and presenting on their own as a shopper to third functions.

Partially, Certainly, we experienced some further losses in warehousefacilities that we had in Europe and Asia that we’re not included in that $one.

And You furthermore mght stated you had publish -- heading back again to thewrite-down from household mortgages -- so exactly how much possess the mortgages beenwritten down can be sub-sector so all day long simply how much of that been published downand key home loans how much of These happen to be prepared down?

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But I thinkit's reasonable to consider as the staff may examine it, through the employeestandpoint, the worth on the compensation awards this yr by adding that backin.

Just speedy concern within the comp. Clearly, it did occur downquite a tad this year, but Then you really outlined you had about what $720million in more stock that didn't flow by, read more I guess, the expenseline, today?

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