I had a 30-year career in business, in multi-national corporations. I went around the world.

Fastow and his co-conspirators systematically and thoroughly corrupted the business of one of the largest corporations in the world,

business world covered in a blanket of hesitation.

[Commercial radio] is owned by one or two corporations now, and they're not in the music business. They're in the advertising business, ... So let's not kid ourselves. If you want to hear music, go buy a guitar.

If you think of the market value of all of the corporations that trade on the New York Stock Exchange and the Nasdaq, the vast majority of the value of those businesses is tied up in intangible assets and intellectual property. It's because of that -- that these values are primarily intangible and intellectual -- that the need for this specialized area is coming about.

It will continue the cycle; I think it has to. It's positive to have serious corporations that have the business background to do that kind of work necessary to run teams today.