The only consistent data point we have observed over the five-year horizon is that a majority of active equity and bond managers in most categories lag comparable benchmark indices.
Plus, as AEG attorneys point out, Phillips and others involved observed the King of Pop giving strong rehearsal performances and were assured by Dr. Murray that he was able to perform.
"He could have sold out more nights than Liza, " observed Mr. Francesconi, who, at some point bowed to the fact that while making music was well and good, his future lay in Carnegie's past.