The one thing we can be confident of is that the books are cooked. We don't need to know who cooked the books to know that there is deep trouble for this company ... Bankruptcy reorganization looms and that the creditors are going to start looking for deep pockets to sue.

The ongoing company is overcapitalized, in our opinion, and there should ultimately be capital to be released.

The online travel and lodging industry clearly needs to improve its reliability. Simply put, when your site is unavailable to consumers you lose business. Marriott sets the standard for site reliability and responsiveness in the lodging industry. It is very rare for one site to top our rankings in both these areas, so clearly Marriott is the site to model after from a technical standpoint.

The only company which is a clear growth vehicle in our view is Schering-Plough.

The only education part of the lottery will come 10 years from now when we see that the money that was supposed to go to education isn't there, ... In one respect, getting this off the table may be a good thing. Maybe now we'll start concentrating on those things that will improve the lives of our people.