We have to do something sooner rather than later to ensure that companies stop going into bankruptcy just to avoid these costs, right? Nortel saved $165 million on our side on pensioners and over $1.2 billion on other sides by stepping away from these obligations. So we have to do something now that causes some impact so that future bankruptcies for similar reasons are stopped. There has to be some retroactivity to this or else it's some time in the future.
On April 13th, 2010. See this statement in context.