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Government Operations committee  That's easy. Then sure. As long as I don't have to refer to what it was about, I can give you 20 numbers.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  Okay. We'll try to do so. If we can do so without violating the confidentiality agreement, I can give you a long list of things to look at. The only assurance I would like is for you guys to make sure he reads it, just so there's symmetry in the discussion if I take the time to put it together.

December 5th, 2007Committee meeting

Michael McCracken

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  I'm not understanding your jargon. I'm sorry.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  We were not asked to make an evaluation independently of the properties. We were asked to look at the studies that had been done and to ask the question what the valuation would be. We did look at the studies--

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  Let me complete my answer.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  And I'll make it brief. I certainly looked at, as background material to this, the material that was provided.

December 5th, 2007Committee meeting

Michael McCracken

December 5th, 2007Committee meeting

Michael McCracken

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  Yes, I had some difficulties with that study, as I mentioned to you, and then also the subsequent work by the Deutsche Bank and also the earlier study by the BMO-Royal is based on a lower leased price than was finally effected.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  Informetrica. It's the word inform and then “etrica” at the end, or “infor” and then “metrica”, whatever's easier for you.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  Probably the best example of this type of study is a benefit-cost study.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  On a building value? No, I cannot point to other studies of building transactions at this juncture.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  I have a high general regard for these institutions in the areas of macroeconomic analysis and other areas where we monitor what they put forward, and I know some of the people at all these institutions.

December 5th, 2007Committee meeting

Michael McCracken

Government Operations committee  I don't think it's so much the experience in real estate they have. I think it looks like they don't know how to use Excel. It's pretty basic stuff.

December 5th, 2007Committee meeting

Michael McCracken