On December 31, Bloomberg TV's “Inside Track” featured an interview with Mr. Aquila. In the interview, Mr. Aquila said the gains in M&A and private equity over the summer and fall, as well as the growing confidence in the corporate community, suggested an active 2011. “All the trends really are heading in the right direction in terms of M&A,” he said. “With the cash companies have on their books – roughly three trillion for the largest companies in the world – plus the access to credit, it's really looking like it's going to be a very strong year for M&A.” Mr. Aquila said that this also “means good things for the markets.”