[I]t is a way to break up this monopoly that has gone on where brokers are made overnight by inheriting books of business.

Partnerships and pools don't work in the same way for women and minorities.

I don't think there's anyone with more sophisticated programs in place. They just aren't working well enough.

Merrill has come a long way.

We hope that Merrill Lynch sincerely desires to give teeth to its diversity initiatives and to bring a meaningful change.

Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?