There has been some talk that the government bailouts and industry intervention are leading America toward socialism. Whether or not that shocking and unsettling claim turns out to be true, the government will undoubtedly take greater control of the financial services industry, and that will stifle innovation, risk, growth-and wealth.

If we are to keep up, or get ahead, of our customers' lowered expectations, we will need to lower ours, as well.

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Insight and analysis into the management, marketing, operations and technology of the asset management industry.