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The changes in Level 3 assets measured at fair value on a recurring basis were as follows.(in thousands)Securities Heldby ConsolidatedSponsoredInvestmentProductsResidualInterests fromSecuritizationTransactions Other 1 TotalBalance at October 1, 2008 ........................ $ 4,089 $ 29,782 $12,112 $ 45,983Total realized and unrealized gains (losses):Included in other, net revenue .............. — (45,955) — (45,955)Included in consolidated sponsored investmentproducts gains (losses), net .............. (423) — — (423)Included in investments and other income,net.................................. — — (1,847) (1,847)Included in accumulated other comprehensiveincome .............................. — — 476 476Purchases, sales, and settlements, net ............ (580) 44,887 2,593 46,900Transfers (out of)/into Level 3 .................. (1,033) — 2,004 971Balance at September 30, 2009 .................... $ 2,053 $ 28,714 $15,338 $ 46,105Change in unrealized losses included in net incomerelating to assets still held at September 30, 2009 ..... $ (565) 2 $(45,955) 3 $ — $(46,520)1 Other primarily consists of equity securities and life settlement contracts.2 Included in consolidated sponsored investment products gains (losses), net.3 Included in other, net revenue.The Company may also be required to measure certain assets or liabilities at fair value on anonrecurring basis. These fair value measurements generally result from the application of lower of cost orfair value accounting for automobile loans held for sale or write-downs of individual assets. Automobileloans held for sale currently are classified as Level 3. The fair value of these loans was $16.6 million atSeptember 30, 2009, and the adjustments to the fair value of these loans recorded as a loss during fiscal year2009 were de minimus.The following financial instruments were not measured at fair value, but required disclosure of theestimated fair value:(in thousands) 2009 2008as of September 30,CarryingValueFair ValueCarryingValueFair ValueFinancial AssetsCash and cash equivalents ................... $3,104,451 $3,104,451 $2,527,552 $2,527,552Other investments .......................... 51,950 51,950 836,657 836,657Loans held for sale ......................... 15,711 16,621 32,582 32,582Loans receivable, net ....................... 310,504 323,672 371,647 370,871Financial LiabilitiesCommercial paper .......................... $ 64,156 $ 64,156 $ 13,287 $ 13,287Deposits ................................. 664,580 667,793 570,279 564,997FHLB advances ............................ 57,000 57,026 109,000 110,00888

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