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In the first six months of this year Jefferies was involved with $61 billion of M&A transactions and has raised over $29 billion of equity, over 90 percent of which was done as bookrunner, our lending business through Jefferies Finance recently celebrated its 11th anniversary and we have underwritten over $60 billion of loans throughout the economic cycles over the past 11 years for our ever increasing client base. Our commitment to serving our corporate clients while maintaining high quality products for our investing clients remains our top priority.