Antitrust breaches in the U.S. are seen as immoral, whereas in Europe it has been part of doing business.

They need international help to cope. It's the biggest emergency we've seen in Europe since the war in Bosnia-Herzegovina.

The door is now open to some kinds of corporate activity with very few checks. Scrutiny by the court is good, but one consequence is that you almost have the death of control over mergers.

The basic policy is to identify high-profile candidates.

I've never seen an ice cube in Europe. So I'm a bit freaked.

We're doing repairs on the breaches, but there are many, many, many miles of levee that we don't have any idea of.