In the 1990s, ABB was the premier investment in Europe, then it was the worst. But now it has slowly come back.

The figures were above expectations ... Indoor products looked strong. However, outdoor products was somewhat of a disappointment.

As a condition of the original investment. We have to follow state laws.

We believe that it is unlikely that Blackstone would make such a large investment intending to be a purely passive investor. This is likely to give rise to general market expectations that further steps will be taken to enhance shareholder value.

We need to move forward much more quickly and have much more federal investment, ... It's sort of like with Hurricane Katrina. For years they asked for money to strengthen the levees in New Orleans, and in retrospect, it's too bad that money never materialized.

First and foremost, it's a good investment. But it's also a model that can be used elsewhere.