Tuition, housing fees, even textbook costs are difficult to meet these days. Why Congress feels the need to cut student loans and drag our faces in the mud, I do not know.

The last time I was in there I kind of apologized to the tree for taking the core, and just told it how important I think it is. I don't want other people to go in there and trample it down. The human impact that it's escaped is the reason why it's still there.

The tree itself just has this glow about it. You can tell it's significant when you approach it.

They'd inherit $500 billion and obviously have to go in with a fire ax,

The industry has been looking to see who's going to go first. If this happens, you can expect Merrill and Morgan Stanley to do something similar.

Japan has huge potential. (But) tapping that potential is a long exercise that will take years, if not decades. It will be expensive.