by year's end, these questions will be resolved and interest rates will come down.

There is a real risk of devaluation in Venezuela. We've seen significant outflows from Brazil. ... So I think, from the Latin America side, it's still a month of caution and concern.

He's the one who's been advocating a move toward a currency board, concentrating foreign exchange earnings and doing a variety of things, including an across-the-board tax cut,

[This] has really helped a great deal, ... It has captured some of the problem with short selling, which has driven down the markets.

What I hope will not change is the understanding that news needs to serve the public interest as its primary goal. That is its greatest calling, to keep freedom and independence alive, and keep it honest.

We had a huge increase this year and it's unlikely that it can be sustained at that level. With interest rates moving higher, mortgage originations will be down a little bit, and as a result, securitizations will be down.