That's part of my job, to make sure we don't stab each other in the back. China is very astute. They are world traders, and they've got a willing buyer out there.

I think their feelings were that a deal's a deal. But I think they said they would think about it.

Having four or five institutions drop out and then have two new ones step in is not necessarily the answer.

They're a huge attraction but they don't necessarily, after the first year or two, pay their way, so to speak. To some degree, as the newness wears off, even your corporate sponsors start to kind of fade away.

In the 1980s, things became much more commercially oriented.