I don't think the Government foresaw what would happen. The inevitable consequence of this is that journalists will go to jail.

[It could be argued that the Johnstown flood of 1889 wasn't a natural disaster at all, but the inevitable consequence of humans thinking they could control nature. Whatever the cause, the day after a dam burst, unleashing 20 million tons of water on the residents of Johnstown, Pa., and its neighboring boroughs, the area looked like] a vast sea of muck and rubble and filthy water, ... The Johnstown Flood.

I don't expect it to happen till the latter part of the year. I think there is a lot of wishful thinking out there that it will be the first part of the year.

How well it had suited me, that absolute license to march up to evildoers and demand who, what, where, when and why?

But if something dramatic doesn't happen soon, in many respects receivership does look inevitable.

I don't think we're safer at all as a consequence of this.