It's hugely embarrassing for the sector, ... I don't believe there is any malfeasance here. But . . . the notion that the Red Cross simply cannot track where the money is going feeds into this growing concern that charities cannot be trusted to spend their money wisely.

Sacking the president isn't the panacea for what ails the Red Cross.

If you don't believe what the president believes or more generally what the White House believes, you're not going to get a second look and that narrows the pool to a very small number of people,

I get embarrassed on the red carpet at awards ceremonies. The whole celebrity thing is embarrassing.

The notion that the Austrians were the only bad apples - anyone who says or writes that, that's embarrassing. And I think given all the stuff that was taken from the Austrians, I think most reasonable, prudent men and women will know if it looks, walks and quacks like a duck, it's a doping duck.

Valuations are getting stretched, especially in the technology sector. There may be some recovery in the economy, but the notion that it will translate into a big jump in corporate profits - the jury is still out on that.