However clear, does this message actually matter? It is hard to see why private-equity firms feel they need to be defensive about falling valuations. After all, they are paid if and when they sell companies for a profit, not on the basis of current marks. They lock in their clients' capital for many years and do not face the collateral calls and liquidity squeezes that make hedge funds so sensitive to calculations of net asset value.
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However clear, does this message actually matter?
尽管事实很清晰,但是这个信息究竟重要吗?
However, clear description does not represent scientific and integral conception.
但描述的清晰并不代表概念的科学和完整。
However,the band is clear about staying pure in the music business.
VOA: special.2010.04.16
This much scientists knew. However,they were not clear on how that receptor was activated when this kind of painful event occurred.
VOA: standard.2010.05.04
What is becoming clear however, is that Chinese workers are expecting more for their hard work.
VOA: standard.2010.06.24
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