their fourth day, with a total of 20,860 bucks, from oakland, california, it's the champs, it's the mayfieldily. [cheering and applause] and from cypress, california, it's the bustos family. [cheering and applause]

it's calleds mayfield. it was a drunken stagecoach at the time.wenty rooms the placement next door was much land marked by someone. they bought 8000 plus acres down there. phil: and he had a son. and he died. roland: all of the evidence we have now, real precocious wonderful child. he was born and they try to have a child for 18 years could you imagine after 18 years and you have a son how important that was to them. how wonderful that was to them. and i have to say this, he was a family man. he was devoted to his wife and he was very devoted to his son. he was going him to take over the business. they took him to a grand tour of errope. it is going to enter harvard in the fall and aged 16 which is very common at the time. after he came out, he got typhoid any died at age 15. phil: and they decided in his memory to build the university. roland: yes it wasis a trade school. he the liberal arts, they wanted a trade school. practical. he is to bring about how he had all these guys graduated from these ivory schools working from him on the streetcar l

the board approved two closings for mayfield, for their flagship and their select fund. we received an allocation of $18 million to their flagship fund and $11 million to their select fund. and lastly, an absolute return strategy, which the board approved $75 million in march. we did receive $75 million, and we think the timing on that is going to be absolutely perfect. with that, i'm going to turn to the document titled c.i.o. special report on the covid human health crisis and the impact on sfers. to begin, we've had an economic apocalypse, and we're doing okay. to give some metrics as to what just transpired is we are expecting or forecast a 30 to 40% contraction in g.d.p. the previous worst all-time single quarter was - 10%. unemployment in a period of four weeks climbed from 3.5% to more than 15%. it exceeded that only once, more than the great depression, and it took two years to get back to that level. we've held up well in the month of march. we lost 6.9%, while global public equity lost more than 30. if we turn to page 3, fiscal year to date, this big punch in t

returning for their third day from oakland, california, it's the champs, it's the mayfield family. [cheering and applause] and from cincinnati, ohio, it's the schuster family. [cheering and applause]