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August 9, 2012, 8:00 a.m. ET
Cameron McDougall – Company Representative
Ken Riis - CEO and President
Wes Edens – Chairman
Brian Sigman - CFO
Douglas Harter – Credit Suisse
Joshua Barber - Stifel Nicolaus
Jasper Burch - Macquarie
Bose George - KBW
Jason Stewart - Compass Point
Good morning, my name is Christie, and I will be your conference operator today. At this time, I would like to welcome everyone to the Newcastle second quarter 2012 conference call. (Operator Instructions).
Mr. Cameron McDougall, you may now begin.
Thanks, and good morning. I'd like to welcome you today, August 9th, 2012, to Newcastle's second quarter 2012 earnings conference call. Joining us today are Ken Riis, our CEO and President, Wes Edens, the Chairman of our Board of Directors, and Brian Sigman, our CFO.
Before I turn the call over to Wes, I'd like to point out certain statements made today may be forward-looking statements. Forward-looking statements are not statements of fact. Instead, these statements describe the company's current beliefs regarding events that by their nature are uncertain and outside the company's control. The company's actual results may differ materially from the estimates or expectations expressed in any forward-looking statements so you do not place undue reliance on any forward-looking statements.
I encourage you to review the disclaimers in our earnings release regarding forward-looking statements and expected returns. And to review the risk factors contained in our annual and quarterly reports filed with the SEC.