I'm not surprised to see private equity make a big move like this -- private equity has significant assets that need to be invested.

She went to Washington to move certain assets that have not been uncovered in the investigations.

I'm not surprised Palm Springs wants to move out.

The key with Merrill is they're not as dependent on some of the venture capital private equity gains some of these companies earned earlier in the year, but have now lost.

This is not the opening of the floodgates, but it is a start. It is quite a significant move since some of these people have been out of their country for 20 years.

Not many assets there,