CNBC The Kudlow Report July 17, 2013
I think, and ive been saying this for years, you know, theres enough moral hazard in the industry. Make no mistake, we will not let the pursuit of International Consistency force us to lower our standards. The United States has demonstrated important Global Leadership in putting in place tough new reforms. I have four goals in my business. Goal number one is not to lose money in a year. Goal number two is to beat the s p meta fees and goal number three is make 10 to 12 of what the market permits...
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