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and balanced piece, or are they primarily interested in negative information?

MR. SIMPSON: Well, we've only had a very small number of political clients. So I can tell you, I mean, our methodology doesn't really change. We -- my firm is -- all the principals are former journalists, so we don't come out of the political combat industry. We come out of the, you know, journalism industry, which is all about sort of sticking to the facts and not leaping to conclusions and not trying to, you know, come up with a hit piece on anybody. So, generally speaking, you know, what we get compensated for is producing reliable treatments of whatever the subject is.

And I should just add, I mean, it doesn't -- it doesn't help us or our clients if we only look for negative information. What the clients want is all the information. And so, you know, someone -- if you're in a campaign and the, you know, other side is a businessman and you're reviewing his career, it's important information whether he's a good businessman or bad businessman. And you don't want your client trying to make an issue of his business career if he's a brilliant businessman who knows how to make money in an honest and ethical way.

MR. GOWDY: All right. Let me ask you about a couple words you just used. You just used the words "good" and "bad," which some would argue are inherently subjective; but you also used the word "facts," and what did you mean when you used the word "facts"?

MR. SIMPSON: I mean, factual information is -- a lot of what we do is gather facts. And sometimes facts are provable facts; sometimes facts are established facts; sometimes they're allegations, factual allegations. So we do all of the above. When you gather up lawsuit information, for example, you have two sides making factual allegations against each other; and what's important is that

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