THE COURT: Don't go down that path, Mr. McGuire.
This issue has been pending since January 2016. I could more easily have gotten the president of the United States to come up with a meeting, and I don't feel that I have any particular inside track. What is it, ten months or so? We could have gotten, I don't know, you name it, Donald Trump. We could have had him here in that period of time. These are busy people.
So that's an unfortunate -- that is going to be an
unsuccessful path for you to go down.
Sunday, October 23, 2016
U.S. v. D.C. Transcript of 10/17/16 Court Conference
Friday, October 21, 2016
Third Independent Monitor Interim Report With Exhibits
As the Court is well aware, there has been significant discussion over the last six months regarding the Court’s interest in the Trustees’ solicitation of outside auditors to evaluate whether its current financial advisors’ methodologies are consistent with, if not surpassing, typical market practices. After much back-and-forth between the Court and counsel for the Funds, I am genuinely confident that the Trustees will devise an outside review that will satisfy the Court, and that the Funds can engage in such an inquiry without fear that whatever recommendations are made will be binding on them. I expect in the coming weeks that the Co-Chairs of the Trustees, Funds counsel, and I will meet with the Court to further discuss this project.
Third Independent Monitor Interim Report With Exhibits
As the Court is well aware, there has been significant discussion over the last six months regarding the Court’s interest in the Trustees’ solicitation of outside auditors to evaluate whether its current financial advisors’ methodologies are consistent with, if not surpassing, typical market practices. After much back-and-forth between the Court and counsel for the Funds, I am genuinely confident that the Trustees will devise an outside review that will satisfy the Court, and that the Funds can engage in such an inquiry without fear that whatever recommendations are made will be binding on them. I expect in the coming weeks that the Co-Chairs of the Trustees, Funds counsel, and I will meet with the Court to further discuss this project.
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