I think we have got to start thinking about banding together in terms of interested groups.

I think we have got to start thinking about banding together in terms of interested groups.

I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.

Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.

George Orwell once blamed the demise of the English language on politics. It's quite possible he never read a prospectus.

Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.

Over the past two decades, we have clearly seen an erosion of ethical values.