What the proliferation of harshly pro-debtor state laws likely means is that we will see more of these cases, and because a facts-and-circumstances analysis will be used, the outcome of these cases will probably uncertain right up until the moment of decision.
Under no circumstances, however, should FCC approval be granted in isolation from the national security and congressional analysis so clearly required by the proposed Tyco Global Network sale.
Under such circumstances, it is vital for the integrity of the intelligence process that competitive, "opportunities-oriented" analysis be institutionalized.
Written in these circumstances, the diary offers an immediacy that few documentary sources can in the day-to-day record and analysis of this cataclysm.