A few years ago, something that appeared incorrect might not be changed. Today, with heightened concern over complete accuracy, the definition of materiality has gotten a lot broader.

The numbers were incorrect, so we changed them.

My own personal concern is, this is not 1918, ... We have much more rapid movement today. Something that took weeks can happen overnight with a plane.

Since severance packages generally are contractual, the issue is not the size of the severance package. The issue is why was the original employment contract structured to allow such a severance package? And that responsibility rests in the board.

Accuracy is to a newspaper what virtue is to a lady, but a newspaper can always print a retraction.

With 99 percent accuracy, I can say we'll be ranked No. 1 as of (today) and that it could change as soon as (tonight).