Emergency management is in such a state of disarray right now that it could take a couple of years.

This is a big storm, and the emergency-management system in Texas is already burdened by Katrina. But Texas is well-prepared for this event.

If you're on the management track, the right answer is to say you aspire to senior management because of your big-picture vision and drive to make it happen. If you are not yet in management, you need to say that one day you plan to take on that type of role.

Management is typically an optimistic group. That's definitely one of the concerns I'm looking at right now.

It enables the seller of the stock -- that is, management -- to price the issue right. It also enables management to pick the right investor.

The potential for damage by this storm is significant, and the risk of flooding and tornadoes exists after the hurricane has begun to dissipate. ... Texas has learned from Louisiana's example. No one wants to repeat those mistakes.