esoteric KCP deals. They don't employ leverage. Loews corporate dealings are completely separate from the family office. They are willing to look at HF and some PE managers, so we need to do a more consistent job showing them those ideas. Might be a better fit for ISG than KCP. Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0088619 CONFIDENTIAL SDNY_GM_00234803 EFTA01386776