Security giant Tyco International, which makes the ubiquitous ADT alarm systems, on Tuesday predicted a gloomy outlook for the security industry and reduced its 2009 earnings estimates.

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Hoyos got his boot in the door at BofA in March 2007, when reps from adt, the security company now part of Tyco International, spotted Hoyos' exhibit at a conference in Las Vegas. adt later enticed representatives from its clients, including Goldman Sachs, American Express and BofA, to Global's workshop in New York.

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Snyder was the president of ADT Security Services , a subsidiary of Tyco International (nyse: TYC - news - people ), for the past nine years.

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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.

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Tyco (NYSE:TYC) spun off its ADT Corp. (NYSE: ADT) alarm security business as a separate public company on October 2 after selling its pipe and valve business earlier this year to pump maker Pentair.

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