Mr. Frank Daly:

No, but there was an approach. This is what is said in the letter: "a new fee proposal was received by PIMCO from Brown Rudnick (under which the same parties [Brown Rudnick, Tughans and Mr. Cushnahan] were to benefit in a similar amount)." Obviously, the first one did not seem to get anywhere. I refer to the one back whenever it was.