And he said, "George, I am ready. I am tired of Merrill Lynch."

Mr. JENNER. Merrill Lynch, Fenner and Beane at that time?

Mr. DE MOHRENSCHILDT. Yes. "I am tired of that Merrill Lynch, Fenner

and Beane."

We formed a limited partnership together.

Mr. JENNER. And that is the partnership of Hooker and De Mohrenschildt?

Mr. DE MOHRENSCHILDT. Yes.

Mr. JENNER. And that was when--1950?

Mr. DE MOHRENSCHILDT. Yes; I think so--1950.

Mr. JENNER. And did it last very long?

Mr. DE MOHRENSCHILDT. It lasted, I think, 3 years.

Mr. JENNER. About 2 years?

Mr. DE MOHRENSCHILDT. 2 or 3 years.