John Kennedy actually said...

"But if it does work it is a beautiful thing."

"I consider private equity--and we can talk about the definition today if you would like--to be an essential part of the free enterprise system."

"Are you telling me that you make private equity investments, as a fiduciary, without understanding the fees, and if so, whose fault is that?"

"Some of my colleagues think it is a zero-sum game. They think that the American economy is like it was back in primitive times."