“We've thought for a long time this housing cycle was a little different from those of the past, in that it would stretch out a little more. The sell-off in housing stocks has been overdone, since we don't think 30-year mortgage rates ... will put the brakes on housing.”
“The markets will like (Greenberg) leaving, but I think there is a lot more involved in Spitzer's case than just getting rid of (him). I would think there's still more bad news for Marsh down the road.”
“Kyle's a smart lawyer and he'll be a quick study ... The one quality that is most in demand in the job is good judgment and you can develop good judgment by getting experience in many different ways.”
