way they structured their investments in Russia. I don't remember how many, but there was a large number of shell companies in Cyprus that were used to hold the investments of individual clients of Hermitage. So one of the things we discovered from that was the likely identities of some of Hermitage's clients.
BY MR. DAVIS:
Q. Do any of the other entries in here mean anything to you in light of the research you've conducted or what you otherwise know about Mr. Browder?
A. I'm going to — I can only speculate about some of these things. I mean, sometimes —
MR. LEVY: Don't speculate.
BY THE WITNESS:
A. Just would be guesses.
Q. Okay.
A. I can skip down a couple. So "Value in Cyprus as inter," I don't know what that means. "Illici," I don't know what that means. "Active sponsors of RNC," I don't know what that means. "Browder hired Joanna Glover" is a mistaken reference to Juliana Glover, who was Dick Cheney's press secretary during the Iraq war and associated
