John Kennedy actually said...

"Well, why don't you just do not make the investment?"

"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?"

"But if I go to buy a car and the car salesman does not explain the details of the financing to me, I just walk away."