seventy nine years ago i expected to make one change can decide that the career of the semifinals gopalis returning from suspension is the first time that must unless those have reached the final since one thousand nine hundred ninety nine or will see them become the most successful nation for american history with fifteen twenty four and feel that if you go out of a low says it's a big chance to make history. it doesn't ruin them and you know we have reached a big moment following along just involving qualifications a world cup and now is called by america it would be great to round off the shame of the successful final it would be great for everyone. there is a basketball and there has been a very welcome return to this one last quarter as a huge russia center has come back to pray for his former always in the n.b.a. lockout still end in america has gotten signed a deal with a copy left just last year to move to the north american league he was traded to the denver nuggets and to spend he's making things a new york knicks rants with the fourth lockout in n.b.a. history threatening nex

gopal i i will to syndicate to the panel and the rest of the members we are just -- it is only one boatso members are encouraged to -- to the boat so we will proceed as you go boating. mr. goebel for five minutes. >> chairman garrett, members of the subcommittee, thank you for the opportunity to testify today. my name is scott goebel and i'm senior vice president and general counsel are up fidelity research company. in this role i'm responsible for legal matters pertaining to fidelity's investment advisory businesses including the fidelity mutual funds. fidelity investments are one of the world's largest providers of financial services with assets under administration of $3.7 trillion including managed assets of more than $1.6 trillion. we manage over 400 mutual funds across a wide range. as you might of assembly are strong advocates for the mutual fund model and benefits of mutual funds provide to individual investors. mutual funds allow shareholders at a low cost for small minimum investment to obtain a professionally managed, liquid, diversified portfolio of securities with the added