Brad Pacheco
Brad Pacheco
investing job phenomenal
They've done a phenomenal job of investing for us.
attempt corporate disclosure failed lack oversight practice responsibility threat
We really feel there was a lack of oversight and failed responsibility for disclosure of compensation practices. There was an eleventh-hour attempt to come up with corporate practice guidelines, but, in our view, it shouldn't take a proxy threat to get action.
firm overhead pay placement tough
We are pretty tough on fees. We are not going to pay a firm more because they have some overhead with a placement agent.
abuse best companies penalties
We want to look at best practices, alternatives in lieu of expensing. We want to come up with penalties to put on companies if they abuse options.
deal engaged investment lately mark money political
A lot of the initiatives lately have been investment initiatives so he's had to deal with those. But Mark is there to make money and he's not really engaged in the political debate.
continue purchase watch
They're going to continue to watch them and it may be something we purchase in the future.
assets bonds buy run
Our assets are run to (match) the Lehman Bros. Long Liabilities Index. The new bonds will be part of the index. We will have to buy them at some point.