<![CDATA[Davis Polk & Wardwell LLP - De Ghenghi, Luigi]]> http://www.davispolk.com/ Lawyers en-US Davis Polk & Wardwell LLP webmaster@hubbardone.com Tue, 07 Sep 2010 01:29:14 GMT Tue, 07 Sep 2010 01:29:14 GMT <![CDATA[Treasury Department’s Offering of Warrants to Purchase Common Stock of Sterling Bancshares, Inc.]]> Treasury-Departments-Offering-of-Warrants-to-Purchase-Common-Stock-of-Sterling-Bancshares-Inc-07-15-2010/ News 2eaf2d6d-b458-48ff-bbb9-042f4fabaf71 Thu, 15 Jul 2010 05:00:00 GMT <![CDATA[Davis Polk Regulatory Implementation Slides]]> http://www.davispolk.com/files/Publication/bc70cd4c-c6bd-472d-ad37-0a63481fe36a/Presentation/PublicationAttachment/6a2f81d8-d5c5-4d5d-9b97-fef48b6821e6/070910_Implementation_Slides.pdf Publications bc70cd4c-c6bd-472d-ad37-0a63481fe36a Fri, 09 Jul 2010 05:00:00 GMT <![CDATA[Summary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Passed by the House of Representatives on June 30, 2010]]> http://www.davispolk.com/files/Publication/7084f9fe-6580-413b-b870-b7c025ed2ecf/Presentation/PublicationAttachment/1d4495c7-0be0-4e9a-ba77-f786fb90464a/070910_Financial_Reform_Summary.pdf Publications 7084f9fe-6580-413b-b870-b7c025ed2ecf Fri, 09 Jul 2010 05:00:00 GMT <![CDATA[Bank Supervisory Agencies’ Final Guidance: Aligning Incentive Compensation with Safety and Soundness Concerns]]> http://www.davispolk.com/files/Publication/40c9bba8-4fcb-4c37-93ab-972dccf48a6e/Presentation/PublicationAttachment/a9c33089-f0e2-4db8-b048-a4baf4f5f988/062810_ba_final_guidance.pdf Publications 40c9bba8-4fcb-4c37-93ab-972dccf48a6e Mon, 28 Jun 2010 05:00:00 GMT <![CDATA[Collins Amendment – Minimum Capital and Risk-Based Capital Requirements]]> http://www.davispolk.com/files/Publication/b051fc39-71f8-4b4c-9fdb-9b6934f4c2d9/Presentation/PublicationAttachment/07baf8e6-3c02-424a-afeb-9e3636532e10/062810_collins_summary.pdf Publications b051fc39-71f8-4b4c-9fdb-9b6934f4c2d9 Mon, 28 Jun 2010 05:00:00 GMT <![CDATA[Senate-House Conference Agrees on Swap Pushout Rule]]> http://www.davispolk.com/files/Publication/887082b2-ba41-45b2-890c-993d5f7b360d/Presentation/PublicationAttachment/83d7a359-459b-4b12-bc8f-9d0e8422389e/062810_swap_pushout.pdf Publications 887082b2-ba41-45b2-890c-993d5f7b360d Mon, 28 Jun 2010 05:00:00 GMT <![CDATA[Financial Reform Side-by-Side Comparison Chart – Key Senate and House Bill Issues]]> http://www.davispolk.com/files/Publication/d243b01a-324f-4ccd-85a5-e9bb42d70920/Presentation/PublicationAttachment/c56258f4-0e4e-479e-8632-ea9b08fc2b82/060210_SenateHouseComparisonChart.pdf Publications d243b01a-324f-4ccd-85a5-e9bb42d70920 Wed, 02 Jun 2010 05:00:00 GMT <![CDATA[Summary of the Restoring American Financial Stability Act, Passed by the Senate on May 20, 2010]]> http://www.davispolk.com/files/Publication/fc30f0b3-3db4-4181-a44e-3b3e54853b6f/Presentation/PublicationAttachment/19c8367f-0467-4f3d-8492-010c9692578c/052210_Davis_Polk_Senate_Bill_as_Passed_Summary.pdf Publications fc30f0b3-3db4-4181-a44e-3b3e54853b6f Sat, 22 May 2010 05:00:00 GMT <![CDATA[A Nice Step Forward: New Q&As on the FDIC’s Policy Statement for Failed Bank Acquisitions]]> http://www.davispolk.com/files/Publication/d5fbeddd-77da-4e82-ac8a-f1968d8e8447/Presentation/PublicationAttachment/abb2f530-d1d0-4e44-950d-32ecb5120f14/042910_fdic_failed_banks.pdf Publications d5fbeddd-77da-4e82-ac8a-f1968d8e8447 Thu, 29 Apr 2010 05:00:00 GMT <![CDATA[Davis Polk Advises Morgan Stanley on Its Securities Joint Venture in Japan With MUFG]]> Davis-Polk-Advises-Morgan-Stanley-on-Its-Securities-Joint-Venture-in-Japan-With-MUFG-03-30-2010/ News d9d68359-9a79-47e9-9c18-dce7ebe6919c Tue, 30 Mar 2010 05:00:00 GMT <![CDATA[Structuring Private Equity Investments in FDIC “Problem” Institutions]]> http://www.davispolk.com/files/Publication/c816ca5d-f74b-450e-bde1-b1528a80135e/Presentation/PublicationAttachment/ab42637d-8c08-4c5f-803c-02fbb56c1292/032910_PE_NL.pdf Publications c816ca5d-f74b-450e-bde1-b1528a80135e Mon, 29 Mar 2010 05:00:00 GMT <![CDATA[Summary of the March 15, 2010 Draft of the Restoring American Financial Stability Act, Introduced by Senator Christopher Dodd (D-CT)]]> http://www.davispolk.com/files/Publication/4347070d-1e50-4995-a6bf-0cd7f27577a1/Presentation/PublicationAttachment/19128e88-32c2-4906-b774-0d244a58f5d4/031710_Dodd_Bill.pdf Publications 4347070d-1e50-4995-a6bf-0cd7f27577a1 Wed, 17 Mar 2010 05:00:00 GMT <![CDATA[New “PROP Trading Act” Would Expand “Volcker” Prohibitions]]> http://www.davispolk.com/files/Publication/4e8bde45-e552-4cca-9e86-2fa263df22ac/Presentation/PublicationAttachment/530b9c6c-6e1a-48fc-98fe-31f772098db2/031110_merkley_levin.pdf Publications 4e8bde45-e552-4cca-9e86-2fa263df22ac Thu, 11 Mar 2010 06:00:00 GMT <![CDATA[Treasury Proposes “Volcker Rule” Legislative Text]]> http://www.davispolk.com/files/Publication/35a35c0a-d2eb-4e0e-97a5-12cb9614a5ca/Presentation/PublicationAttachment/abb79d18-5d6e-4937-958e-5575e129c594/030410_volcker_rule.pdf Publications 35a35c0a-d2eb-4e0e-97a5-12cb9614a5ca Thu, 04 Mar 2010 06:00:00 GMT <![CDATA[Davis Polk Leads Nominations for IFLR Americas Awards]]> Davis-Polk-Leads-Nominations-for-IFLR-Americas-Awards-02-01-2010/ News 077b3087-0db7-4e3c-ae66-d0bb3a6b33d8 Mon, 01 Feb 2010 06:00:00 GMT <![CDATA[President Obama Proposes Size and Activities Limits for Financial Institutions]]> http://www.davispolk.com/files/Publication/ee407a02-d035-4770-8f7b-207c506905ed/Presentation/PublicationAttachment/147cdb80-c6d3-414f-9012-83e955b4515f/012510_Obama_Proposal.pdf Publications ee407a02-d035-4770-8f7b-207c506905ed Mon, 25 Jan 2010 06:00:00 GMT <![CDATA[President Obama Proposes Tax on Large Financial Firms]]> http://www.davispolk.com/files/Publication/ec0a48f9-dee6-4920-a5db-0454ad4f7c15/Presentation/PublicationAttachment/d0a4a0ec-d9b8-4af2-9616-0617c7e47c8e/011510_Tax.html Publications ec0a48f9-dee6-4920-a5db-0454ad4f7c15 Fri, 15 Jan 2010 06:00:00 GMT <![CDATA[The FDIC Seeks Public Comment on Whether to Incorporate Compensation Programs into the Risk-Based Deposit Insurance Assessment System]]> http://www.davispolk.com/files/Publication/420f205b-eba7-49e8-853a-61564a0ee0fa/Presentation/PublicationAttachment/aef2e806-8b43-4c4e-83ed-61ff001f87cd/011310_FDIC.html Publications 420f205b-eba7-49e8-853a-61564a0ee0fa Wed, 13 Jan 2010 06:00:00 GMT <![CDATA[FDIC and Private Capital: Moving the Goal Lines]]> http://www.davispolk.com/files/Publication/aba588d9-2247-4ef8-88b5-421273ac8553/Presentation/PublicationAttachment/457a3568-d5df-4efb-8e30-048ca20fe30e/011210_FDIC_PE.pdf Publications aba588d9-2247-4ef8-88b5-421273ac8553 Tue, 12 Jan 2010 06:00:00 GMT <![CDATA[Summary of the Wall Street Reform and Consumer Protection Act Passed by the House of Representatives, December 11, 2009]]> http://www.davispolk.com/files/Publication/1d9db41f-c855-4f46-ac3f-1d8bd4007805/Presentation/PublicationAttachment/60af4bfc-fc35-4087-bd32-c0c251b27c08/121509_wallstreet_reform.pdf Publications 1d9db41f-c855-4f46-ac3f-1d8bd4007805 Tue, 15 Dec 2009 06:00:00 GMT <![CDATA[Davis Polk Advises Citi on Securities Offerings and TARP Repayment]]> Davis-Polk-Advises-Citi-on-Securities-Offerings-and-TARP-Repayment-12-14-2009/ News 5f78a16f-e3d5-4054-843f-3dac79d02897 Mon, 14 Dec 2009 06:00:00 GMT <![CDATA[Summary of the Restoring American Financial Stability Act of 2009, Introduced by Senator Christopher Dodd (D-CT) November 10, 2009 Discussion Draft]]> http://www.davispolk.com/files/Publication/64ce87e4-9e7a-4d10-ba6c-27a55ad72f09/Presentation/PublicationAttachment/31830e60-c328-4f73-887d-27c5bd2d5d6b/111309_dodd_legislative_summary.pdf Publications 64ce87e4-9e7a-4d10-ba6c-27a55ad72f09 Fri, 13 Nov 2009 06:00:00 GMT <![CDATA[The House and Senate Debate Resolution Authority]]> http://www.davispolk.com/files/Publication/f84f3bfd-42cc-4912-934b-0fecce7856a1/Presentation/PublicationAttachment/603c3856-b102-4af4-9410-64b7c70c0dd6/111209_res_authority.pdf Publications f84f3bfd-42cc-4912-934b-0fecce7856a1 Thu, 12 Nov 2009 06:00:00 GMT <![CDATA[East West Bank Acquires United Commercial Bank]]> East-West-Bank-Acquires-United-Commercial-Bank-11-09-2009/ News f37501ed-b1bd-4a20-b4b3-22ad45daaca6 Mon, 09 Nov 2009 06:00:00 GMT <![CDATA[Federal Reserve Proposed Guidance: Aligning Incentive Compensation with Safety and Soundness Concerns]]> http://www.davispolk.com/files/Publication/ddd7e00e-96dc-4bc1-a241-54f8859f76d1/Presentation/PublicationAttachment/66fe94b0-6c4d-43a3-bc4f-5722c2d485b0/102709_fed_comp%20_guidance.pdf Publications ddd7e00e-96dc-4bc1-a241-54f8859f76d1 Tue, 27 Oct 2009 05:00:00 GMT <![CDATA[Whitney Holding Corporation Common Stock Offering]]> Whitney-Holding-Corporation-Common-Stock-Offering-10-27-2009/ News d95df768-d202-438c-9454-0674cd84bd00 Tue, 27 Oct 2009 05:00:00 GMT <![CDATA[Davis Polk Advises on First-Ever Bond Offering Under the Government's Temporary Corporate Credit Union Liquidity Guarantee Program]]> Davis-Polk-Advises-on-First-Ever-Bond-Offering-Under-the-Governments-Temporary-Corporate-Credit-Union-Liquidity-Guarantee-Program-10-19-2009/ News 0da59e61-21f1-4dc9-96ef-35e4915a0678 Mon, 19 Oct 2009 05:00:00 GMT <![CDATA[Davis Polk Publishes Comprehensive Financial Crisis Manual]]> Davis-Polk-Publishes-Comprehensive-Financial-Crisis-Manual-09-24-2009/ News 7f041304-9785-4433-aa90-153d69b92104 Thu, 24 Sep 2009 05:00:00 GMT <![CDATA[The Davis Polk Financial Crisis Manual]]> http://www.davispolk.com/files/Publication/d1ab7627-e45d-4d35-b6f1-ef356ba686f2/Presentation/PublicationAttachment/2a31cab4-3682-420e-926f-054c72e3149d/fcm.pdf Publications d1ab7627-e45d-4d35-b6f1-ef356ba686f2 Thu, 24 Sep 2009 05:00:00 GMT <![CDATA[MB Financial, Inc. Common Stock Offering]]> MB-Financial-Inc-Common-Stock-Offering-09-18-2009/ News 086a92a8-97b7-4c16-ab9e-747503c9e482 Fri, 18 Sep 2009 05:00:00 GMT <![CDATA[Davis Polk Advises on State Bank & Trust Co.'s FDIC-Assisted Acquisition of Security Bank]]> Davis-Polk-Advises-on-State-Bank--Trust-Cos-FDIC-Assisted-Acquisition-of-Security-Bank-09-03-2009/ News 634ca68c-0ae8-4418-812d-1ea3a665f761 Thu, 03 Sep 2009 05:00:00 GMT <![CDATA[FDIC Extends Cautious Welcome To Private Capital Investments In Failed Banks]]> http://www.davispolk.com/files/Publication/69a7d2ef-5bcc-4d24-aef7-01b24c5d7324/Presentation/PublicationAttachment/badb39cb-41da-47da-9575-034ac6fddd06/083109_FDIC.pdf Publications 69a7d2ef-5bcc-4d24-aef7-01b24c5d7324 Mon, 31 Aug 2009 05:00:00 GMT <![CDATA[Davis Polk Comment Letter on the FDIC's Proposed Policy Statement on Private Equity]]> http://www.davispolk.com/files/Publication/f258fe84-0a19-45b1-b87a-811b9281dfa1/Presentation/PublicationAttachment/a43b2307-e958-47a3-b078-88c3d2d238b1/FDIC_DPW_Comment_Letter.pdf Publications f258fe84-0a19-45b1-b87a-811b9281dfa1 Mon, 10 Aug 2009 05:00:00 GMT <![CDATA[East West Bancorp Common Stock Offering]]> East-West-Bancorp-Common-Stock-Offering-07-28-2009/ News 294f138a-361f-48d0-b026-b0d0a34fe105 Tue, 28 Jul 2009 05:00:00 GMT <![CDATA[The Regulatory Reform Marathon]]> http://www.davispolk.com/files/Publication/963cb101-2593-4ba0-9133-02f73afd2bd9/Presentation/PublicationAttachment/bfcca243-1cf2-47b6-81fb-0a23756a927c/072809_Marathon.pdf Publications 963cb101-2593-4ba0-9133-02f73afd2bd9 Tue, 28 Jul 2009 05:00:00 GMT <![CDATA[FDIC Proposes Conditions for Investments in Failed Banks by Private Capital Investors]]> http://www.davispolk.com/files/Publication/07ca60c4-252f-4126-843d-031944cf38e5/Presentation/PublicationAttachment/2bb89882-6046-4813-ac91-5880df14b15f/070609_FDIC_PE.pdf Publications 07ca60c4-252f-4126-843d-031944cf38e5 Mon, 06 Jul 2009 05:00:00 GMT <![CDATA[Davis Polk Advises E*TRADE on Its Capital Raising and Debt Restructuring Transactions]]> Davis-Polk-Advises-ETRADE-on-Its-Capital-Raising-and-Debt-Restructuring-Transactions-06-24-2009/ News faa6d431-b51b-403d-8ca1-00608b0e3740 Wed, 24 Jun 2009 05:00:00 GMT <![CDATA[A New Foundation for Financial Regulation?]]> http://www.davispolk.com/files/Publication/726890c9-123c-4113-a924-a129bc96fbce/Presentation/PublicationAttachment/d1bbea9e-1369-49a5-838f-c83e8f4fae1b/062209_New_Foundation.pdf Publications 726890c9-123c-4113-a924-a129bc96fbce Mon, 22 Jun 2009 05:00:00 GMT <![CDATA[Obama Administration White Paper on Financial Regulatory Reform: Executive Summary and Outline of Key Proposals]]> http://www.davispolk.com/files/Publication/f1e8febf-a6d8-4cc4-98fe-c963512784a1/Presentation/PublicationAttachment/88855a14-ee9e-4e8a-9f1d-cc2f85979897/06.17.09.fin.reg.reform.pdf Publications f1e8febf-a6d8-4cc4-98fe-c963512784a1 Wed, 17 Jun 2009 05:00:00 GMT <![CDATA[The Debate Over Federal Insurance Regulation]]> http://www.davispolk.com/files/Publication/deabf517-aa56-4e8a-9082-d98a18fbfcd8/Presentation/PublicationAttachment/c55c5cc0-0e4a-4dc0-bf61-daf4535aa750/04.14.09.fir.pdf Publications deabf517-aa56-4e8a-9082-d98a18fbfcd8 Tue, 14 Apr 2009 05:00:00 GMT <![CDATA[MetLife, Inc. Notes Offering]]> MetLife-Inc-Notes-Offering-04-02-2009/ News 21437376-8588-4d94-b68d-01baeac1214e Thu, 02 Apr 2009 05:00:00 GMT <![CDATA[Banco Bilbao Vizcaya Argentaria Puerto Rico $200 Million Notes Offering (Due 2011)]]> Banco-Bilbao-Vizcaya-Argentaria-Puerto-Rico-200-Million-Notes-Offering-03-31-2009/ News f2ecf07a-df46-4ee3-b453-03de127e2dac Tue, 31 Mar 2009 05:00:00 GMT <![CDATA[Treasury's Proposed Resolution Authority for Systemically Significant Financial Companies]]> http://www.davispolk.com/files/Publication/ac9a7a46-c385-48e8-8839-513f6cd568f9/Presentation/PublicationAttachment/ababdb35-463e-44a3-b515-586821ddca36/03.30.09.resolution.authority.pdf Publications ac9a7a46-c385-48e8-8839-513f6cd568f9 Mon, 30 Mar 2009 05:00:00 GMT <![CDATA[Treasury's Rules of the Road for Regulatory Reform]]> http://www.davispolk.com/files/Publication/cececf05-e471-4fbd-8668-5ae91de65b38/Presentation/PublicationAttachment/3341086d-2d70-463d-aa6c-61ea822aad1d/03.30.09.regulatory.reform.pdf Publications cececf05-e471-4fbd-8668-5ae91de65b38 Mon, 30 Mar 2009 05:00:00 GMT <![CDATA[The Public-Private Investment Program]]> http://www.davispolk.com/files/Publication/65f0b8c8-a081-4ec5-b494-47c6b826bb58/Presentation/PublicationAttachment/6916eb38-dbd1-4f7b-98a3-4837a2452545/03.25.09.PPIP.pdf Publications 65f0b8c8-a081-4ec5-b494-47c6b826bb58 Wed, 25 Mar 2009 05:00:00 GMT <![CDATA[Limited TLGP Extension and New Surcharge]]> http://www.davispolk.com/files/Publication/5f255443-c277-4244-aff8-3215469bc548/Presentation/PublicationAttachment/a002ba09-5905-4d90-9bc2-3218319e29f8/03.20.09.Limited.TLGP.Extension.html Publications 5f255443-c277-4244-aff8-3215469bc548 Fri, 20 Mar 2009 05:00:00 GMT <![CDATA[FDIC to Discuss Guaranteeing Mandatory Convertible Debt Under the Temporary Liquidity Guarantee Program]]> http://www.davispolk.com/files/Publication/48b4017b-baa2-4853-a8a1-409b8c917529/Presentation/PublicationAttachment/d5b10db8-750b-41d2-9ead-47775007b96d/02.24.09.tlgp.html Publications 48b4017b-baa2-4853-a8a1-409b8c917529 Tue, 24 Feb 2009 06:00:00 GMT <![CDATA[The Financial Stability Plan and its Impact on Financial Institutions and Private Capital]]> http://www.davispolk.com/files/Publication/f29b44ba-dbba-4a2b-a903-06dd1b8549f2/Presentation/PublicationAttachment/7079837a-dec3-4166-a1cd-07c3afbf5476/02.17.09.bailout.memo.pdf Publications f29b44ba-dbba-4a2b-a903-06dd1b8549f2 Tue, 17 Feb 2009 06:00:00 GMT <![CDATA[UK and US Financial Rescue Packages - A Survey]]> http://www.davispolk.com/files/Publication/2e9db572-8583-4ede-b343-00f51451347e/Presentation/PublicationAttachment/c2120367-f4da-4d96-b3fb-02572452ae14/01.28.09.UK.US.FRP.survey.pdf Publications 2e9db572-8583-4ede-b343-00f51451347e Wed, 28 Jan 2009 06:00:00 GMT <![CDATA[The Struggle Over the Second Half of TARP]]> http://www.davispolk.com/files/Publication/d7188445-d6d8-4cbb-a697-2f0418b789a0/Presentation/PublicationAttachment/4e887445-6797-4bad-9026-300228db80fb/01.12.09.TARP.2.pdf Publications d7188445-d6d8-4cbb-a697-2f0418b789a0 Mon, 12 Jan 2009 06:00:00 GMT <![CDATA[Morgan Stanley Notes Offering]]> Morgan-Stanley-Notes-Offering-12-17-2008/ News a2835dcd-7fc3-4f9d-b788-000f53fb699c Wed, 17 Dec 2008 06:00:00 GMT <![CDATA[Temporary Liquidity Guarantee Program: FDIC Final Rule]]> http://www.davispolk.com/files/Publication/5b474970-c91b-4b2d-87a5-5f0f3e5371f8/Presentation/PublicationAttachment/809bf01a-360a-4a22-88d8-5febd46636a2/11.26.08.TLGP.FDIC.final.rule.pdf Publications 5b474970-c91b-4b2d-87a5-5f0f3e5371f8 Wed, 26 Nov 2008 06:00:00 GMT <![CDATA[FDIC Extends Opt-out Period for Temporary Liquidity Guarantee Program until December 5th]]> http://www.davispolk.com/files/Publication/f24d38a8-176a-4630-9dee-66a33d36712a/Presentation/PublicationAttachment/e942d93f-a050-4271-8bd2-695f3a58d1dc/11.04.08.FDIC.opt.out.period.ext.htm Publications f24d38a8-176a-4630-9dee-66a33d36712a Tue, 04 Nov 2008 06:00:00 GMT <![CDATA[Temporary Liquidity Guarantee Program: FDIC Interim Rule]]> http://www.davispolk.com/files/Publication/9aaae148-6d3f-44e0-8453-0dfa09932734/Presentation/PublicationAttachment/b67c27bc-c7e8-4409-868e-125e3334f764/10.27.08.TLGP.memo.pdf Publications 9aaae148-6d3f-44e0-8453-0dfa09932734 Mon, 27 Oct 2008 05:00:00 GMT <![CDATA[Emergency Economic Stabilization Act of 2008: US Government Capital Injections]]> http://www.davispolk.com/files/Publication/be42432e-34a7-42e2-ac49-1b8c06ddc2e9/Presentation/PublicationAttachment/10b9688d-ca9c-47a2-82c9-1c6320c90722/EESA.US.Gov.Cap.Injts.pdf Publications be42432e-34a7-42e2-ac49-1b8c06ddc2e9 Wed, 15 Oct 2008 05:00:00 GMT <![CDATA[Fed Relaxes Traditional Control Rules for Private Equity and Other Minority Investments in Banks and Bank Holding Companies]]> http://www.davispolk.com/files/Publication/86b5427d-0f44-4ac3-8569-040632e5ad44/Presentation/PublicationAttachment/f7496119-31d5-428f-9590-0a7fcff78a43/09.23.08.Fed.Relaxes.Traditional.Control.Rules.pdf Publications 86b5427d-0f44-4ac3-8569-040632e5ad44 Tue, 23 Sep 2008 05:00:00 GMT <![CDATA[Davis Polk Advises Ayala on Its Acquisition of eTelecare With Providence Equity Partners]]> Davis-Polk-Advises-Ayala-on-Its-Acquisition-of-eTelecare-With-Providence-Equity-Partners-09-19-2008/ News 8c9e47ef-d3e6-41f4-808e-0376d41316e9 Fri, 19 Sep 2008 05:00:00 GMT