Larry – I don’t dispute that the combo would be good for Rupert (assuming the financials make sense). But would it be good for America, journalism or conservatism? It is better to have many conservative institutions and voices than it is to have fewer. It is better for those voices to seem — and be — independent of one another. Would the Wall Street Journal be seen as more or less credible and independent if it was owned by Rupert Murdoch? I don’t think the answer to that is remotely clear at this point. Wall Street may love the idea, but I haven’t made up my mind whether I do.