|Andrew Gadlin||Odeon Capital Group|
|Ben Clifford||Nomura Securities|
|Charles Post||Sterling Grace Municipal Securities|
Greetings and welcome to the Ambac Financial Inc. Fourth Quarter 2017 Earnings Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] It is now my pleasure to introduce your hosts Ms.