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The next year until theyre back to where they were at the prior point and okay. So in essence their losses will offset their gain. Thats correct. One by one. Not everyone at the same time. The majority have my water marks. The claw back you get our money back if they lose money thats not the case here it is subsequent gains youre not paying an incentive fee. If they go out of business your toast. Thats true. Were truly sorry you lost 95 percent of our money but not sorry enough to give back the fees. The risk is i would role the device because i can make it up let me move on the staffs recomme...

White house News Conference with the italian prime minister. President obama i did not get elected because the sponsorship of the Business Roundtable or chamber of commerce. The reason im doing it is because i know this is an important thing to do and i know it sends a signal throughout asia that we are out there competing and we are going to help maintain International Rules that are fair for everybody. Emily obama is seeking to close a deal with 11 other nations that would cover 40 percent of global trade. The u. S. Trade representative is going to tokyo this weekend for talks. My cup to be ...

President obama i did not get elected because the sponsorship of the Business Roundtable or chamber of commerce. The reason im doing it is because i know this is an important thing to do and i know it sends a signal throughout asia that we are out there competing and we are going to help maintain International Rules that are fair for everybody. Emily obama is seeking to close a deal with 11 other nations that would cover 40 percent of global trade. The u. S. Trade representative is going to tokyo this weekend for talks. Mike huckabee is testing the waters for a white house run. Huckabee says h...

Combined fines could top 5 billion. U. K. Retail in a rut. Shares slip as a sharp outlook overshadows better than expected earnings. Marks and spencer also in the red as the Share Buy Back fails to impress. Good morning and welcome to Worldwide Exchange. Lets have a quick peak of where your dollar is trading. The big news obviously that came yesterday but today germanys ppi down 1. 5 on the year. Thats a weaker number than expected. I wonder if were looking at the Euro Dollar Exchange rate right now, 11114. How vulnerable is the euro dollar to raise in yields again. What if we see the bond yie...

See a is a manager has a 20 percent angina this year and next year 20 percent loss will that manager get a percent gain. Typically theyll get a gain an Incentive Fee on the 20 percent but not in the subsequent where were well into the next year until theyre back to where they were at the prior point and okay. So in essence their losses will offset their gain. Thats correct. One by one. Not everyone at the same time. The majority have my water marks. The claw back you get our money back if they lose money thats not the case here it is subsequent gains youre not paying an Incentive Fee. If they ...