Richard Allen Posner

BROKERAGE ACCOUNT:

MERRILL LYNCH CMA TAX EXEMPT MONEY FUND — Int/Div

NUVEEN MUNI MARKET OPPORTUNITY FUND — Int/Div

NUVEEN INSURED QUALITY MUNI FUND — Int/Div

NUVEEN SELECT QUALITY MUNI FUND — Int/Div

BLACKROCK MUNI 2018 TERM TRUST — Int/Div

BLACKROCK NATL MUNI BD FD (FORMERLY ML MUNI BD FD NAT PT A) — Int/Div

BLACKRCK NATL MUNI BD FD INST (FORMERLY ML MUNIBD FD CL) — Int/Div

ML FUNDAMENTAL GROWTH FUND A — Int/Div — SELL

ML FUNDAMENTAL GROWTH FUND B — Int/Div — SELL

ML GLOBAL ALLOCFD A — Int/Div — BUY

BLACKROCK GLOBAL ALLOCFD A (FORMERLY ML GLOBAL ALLOCFD A — Int/Div

ML GLOBAL ALI OCATION FUND B — Int/Div — BUY

BLACKROCK GLOBAL ALLOCATION FUND B — Int/Div

BANK FINANCIAL (FORMERLY UNIVERSITY NAT'L BANK) — Interest

KEOGH RETIREMENT ACCOUNT:

BLACKROCK BASIC VALUE FUND A (FORMERLY ML BASIC VALUE FUND) — Int/Div

BLACKROCK GLOBAL ALLOCATION FUND — Int/Div — BUY

TRUST ACCOUNT:

BLACKROCK MUNI INS INST FD (FORMERLY ML INS MUNI BOND FD) — Int/Div

BLACKROCK NATL MUNI INS FD (FORMERLY ML NAT'L MUNI BOND FD) — Int/Div

DWS GNMA FUND (FORMERLY AARP GNMA FUND) — Int/Div

DWSSHRT TRMBND FD -S (FORMERLY AARP SHORT TERM BOND FD) — Int/Div

DWS MGD MUNI BOND FUND (FORMERLY AARP MGD MUNI BOND FUND) — Int/Div

DWS GROWTH & INCFUND - § (FORMERLY AARP GROWTH & INC FUND) — Int/Div

BLACKROCK GLOBAL VALUE INC FD (FORMERLY ML GLOBAL VALUE FD) — Int/Div

BLACKROCK GOV'T INCOME "PORTFOLIO CLASS A — Int/Div

IR A ACCOUNT #1:

US TREASURY STRIP ZERO COUPON BOND

BLACKROCK GLOBAL ALLOCINCFD (FORMERLY ML GLOBAL ALLOC FD) — Int/Div

BLACKROCK MIDCAPOPPFD B (FORMERLY ML MIDCAP VALUE FD) — Int/Div

BLACKROCK MIDCAP OPP FD A — Int/Div

BLACKROCK VALUE OPP FD (FORMERLY ML VALUE OPP FD) — Int/Div

BLACKROCK PACIFIC FUND (FORMERLY ML PACIFIC FUND) — Int/Div

BLACKROCK GLOBAL VALUE FUND (FORMERLY ML GLOBAL VALUE FUND) — Int/Div

BLACKROCK LATIN AMERICA FUND (FORMERLY ML LATIN AMERICA FD) — Int/Div

AMERICAN INTL BOND FUND A — Int/Div

BLACKROCK INST BOND FD (FORMERLY ML CORE BOND FUND) — Int/Div

RESOLUTION FUNDING CORP ZERO COUPON BOND

CATS SERIES Q ZERO COUPON BOND

US TREASURY STRIP ZERO COUPON BOND

RETIREMENT ACCOUNTS:

VANGUARD 500 INDEX FUND INVESTOR CLASS — Int/Div — MONTHLY

TIAA - CREF MUTUAL FUND (RETIREMENT) — Int/Div — TRANSFERS

TIAA - CREF MUTUAL FUND (RETIREMENT) — TRANSFERS

TIAA REAL ESTATE FUND — Interest

TIAA CREF MUTUAL FUND (SRA RETIREMENT) - CREF STOCK

Income — 2006 — UNIVERSITY OF CHICAGO LAW SCHOOL; PART TIME TEACHING — $ 23.940.

Income — 2006 — NEW YORK TIMES: ROYALTIES — $410

Income — 2006 — COPYRIGHT CLEARANCE CENTER: ROYALTIES — $853

Income — 2006 — PANTHEON / RANDOM HOUSE: ROYALTIES — $51,000

FINANCIAL DISCLOSURE REPORT

Richard A. Posner

(2006)

IV. REIMBURSEMENTS

SOURCE

DESCRIPTION

1

. University of Chicago

1/22 to 1/24; Washington, DC; research for

book; transportation, hotel & food

2

. Columbia Law School

2/06 to 2/09; New York, NY; speech;

transportation, hotel & food

3. University of Arizona

3/02 to 3/04; Tucson, AZ; speech/

conference; transportation, hotel &

food; spouse

. University of Chicago

3/21 to 3/22 and 3/24 to 3/25; Washington,

DC; research; transportation,

hotel & food

5

. Central Intelligence Agency

3/23; Langley, VA; meeting;

transportation, hotel & food

6. NYU School of Law

4/14 to 4/17; New York, NY; speech;

transportation, hotel & food

7

. University of Chicago

4/18 to 4/19; Washington, DC; research

for book; hotel & food

8. Boston University

4/20 to 4/23; Boston, MA; conference;

transportation, hotel & food

9

. NYU School of Law

4/24 to 4/26; New York, NY; research for

book; transportation, hotel & food

10. The American Interest

5/5 to 5/6; Washington, DC; conference;

transportation, hotel & food

11

. Hoover Institution

5/7 to 5/9; Washington, DC; book launch;

transportation, hotel & food

12

. University of Chicago

6/21 to 6/30; New York, NY and

Washington, DC; book interviews;

transportation, hotel & food;

spouse

13

. Uiiversiiy of Chicago

7/18 to 7/19; Washington, DC; testified/

meeting; transportation, hotel

& food

14

. University of Chicago

8/3 to 8/8; Washington, DC; research/

meeting; transportation, hotel &

food

15

. PFIAB

9/12;

Washington, DC; meeting;

transportation, hotel & food

16

. University of Chicago

9/13;

Washington, DC; meeting/testified;

transportation, hotel & food

17

. Georgetown Law School

9/14;

Washington, DC; speech; hotel

& transportation

18. Oxford Press

9/18;

Washington, DC; debate;

transportation, hotel & food