Shanghai is really right in the crosshairs economically.

We're seeing a huge surge in membership from companies that see Shanghai and China as a big chunk of their Asia opportunity.

While we don't expect management to partake in major near-term restructuring, we believe the idea provides support for the stock.

These technological shortcuts, in the long run, are going to backfire. The kids are going to resent them.

It's recognition that the board feels comfortable that he's the right guy for the job, that the company has righted itself and is moving in the right direction,

Most companies that are interested in working in the poorest places don't know how to do it right now, ... don't know how we fit in the broader scheme. This provides a framework where all of this makes sense. The private initiative can get this process going. I am counting not only on financing, but technology and ideas. There's going to be a tremendous amount of learning about best approaches.