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These excerpts taken from the C 10-Q filed Aug 3, 2007. Minority interest, net of taxes,
in the second quarter of 2007 of $64 million increased $61 million from the
second quarter of 2006, primarily due to higher private equity gains related to
underlying investments held by consolidated majority-owned legal entities. The impact of minority interest is reflected
in fees, dividends, and interest, and net realized
22 and net change in unrealized gains consistent with proceeds received by minority interests. Minority interest, net of taxes,
in the first six months of 2007 of $85 million increased $52 million from the
first six months of 2006, primarily due to higher private equity gains related
to underlying investments held by consolidated majority-owned legal
entities. The impact of minority
interest is reflected in fees, dividends, and interest, and net realized
gains/(losses) consistent with proceeds received by minority interests.
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