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          employees.  The back office (also known as the swaps operations             
          group) ensured the integrity of the paperwork on FNBC’s swaps and           
          other multiple trading products.  The back office, among other              
          things, verified that swap master agreements were executed, that            
          confirmations on swap transactions were received, and that                  
          periodic payments on swaps were properly transacted.                        
                    2.  Traders                                                       
                         a.  Function                                                 
               FNBC’s traders were the individuals who on behalf of FNBC              
          negotiated and entered into swap transactions with other dealers            
          or brokers.  In order to effect these transactions, FNBC’s                  
          traders usually dealt directly with the brokers or with their               
          (FNBC’s traders’) counterparts at the other dealers.  In swaps              
          with other dealers, including brokered transactions and those               
          swaps which a dealer entered into for its own use (e.g., to hedge           
          its own books), the FNBC trader usually determined the final                
          price for the swap and was authorized to enter into the                     
          transaction without specific credit approval if sufficient credit           
          limits had already been established for the counterparty/dealer.            
          If the counterparty was strictly an end-user, as opposed to a               
          dealer acting either as a dealer or as an end user, the FNBC                
          trader would not deal directly with the counterparty.  Rather, a            
          marketer would handle negotiations with the counterparty after              
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