They'd be worse off than they are right now. Right now all of Tyco's assets are available for recovery or execution by any judgment the class were to obtain.

We are asking the court to essentially freeze-frame the merger until all seat holders have an opportunity to understand how it was conceived, structured, valued and brokered.

He's a very intelligent guy, very dedicated, very principled.

He's one of those unusual people who believes in what he's doing.

The players in the case were hoping that the litigation could contribute to correcting the flaws in the process. This result goes even further towards doing that. That's why everyone is happy with the result and it's a positive result for the exchange.

This is very much like the situation we saw right after Sept. 11,