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This excerpt taken from the PBI 10-Q filed Nov 7, 2008. U.S. Government Issued Debts: U.S. Governmental securities are valued using
active, high volume trades for identical securities. Valuation adjustments are not applied so these securities are classified in Level 1 of the fair value hierarchy.
This excerpt taken from the PBI 10-Q filed Aug 7, 2008. U.S. Government Issued Debts: U.S. Governmental securities are valued using
quoted market prices. Valuation adjustments are not applied so these securities are classified in Level 1 of the fair value hierarchy.
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