E. B. White Larger Quotations

These events that we are seeing in Asia, the depreciations are inherently deflationary and many of the larger U.S. companies are the ones that do have exposure within their earnings mix to Asia. Those earnings are going to be tough to grow probably over the course of the next 12 months.

He also consults with the Los Angeles Unified (School) District, which is a gigantic school district - larger than ours.

Initially the market was extremely disappointed with the figures, that is they were prepared to see much larger draws (falls), particularly in distillates.