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“There are so many angles to follow up: government incompetence, sophisticated charity scams, how insurance companies treat victims, construction of the levees, who will start ripping off the billions of dollars available in new contracts. Every single one of these stories is going to be a big one.”

“For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.”

“As I have indicated some time ago, I intend to divest my shareholding when I leave the Club. In doing so, my overriding principle is that I shall do what I believe is best for the future of Celtic. I have also indicated my intention that my shareholding will be made available to be held broadly amongst the supporters and existing shareholders of the Club. I believe that this should produce the best structure of ownership for the Club and the Company.”