I'm sure, consistent with his feelings of remorse about this, this was certainly, there was no political agenda in this. There was no political reason to do this. I think this was a matter of an incident that happened because of personal pressures.

Pete's confession lacked one major thing in Bud's mind: remorse. I spoke to Bud later, and he told me he got the confession he had expected, but not the expression of genuine remorse he had hoped for.

I don't react to a tragic happening any more. I took so many bad things as a kid and some people think I don't care about anything. It's just too hard for me to get emotional. I can't cry no more.

I think he tried to say as little as possible in the question-and-answer portion. It was part of his strategy to be brief and not make waves the first time around.

reduce the urgency for the Federal Reserve to tighten monetary policy.

The results were not especially promising for the outlook, ... Final demand was sluggish, and the slippage in the stock market could lead to caution on the part of consumers and businesses in coming quarters. We still look for the economy to expand, but today's report does not suggest that vigorous activity is on the horizon.