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Author: TMFCogitarius Big gold star, 5000 posts Old School Fool Home Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2600  
Subject: Chuck Schwab: 'It will get better...' Date: 12/12/2008 1:23 PM
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In this interview with Fortune, Chuck Schwab sounds a note of cautious optimism about the future for investors:

On Schwab:
"Schwab has been and is in great shape. We never got into some of the more toxic things that you read about... We're a pretty conservative group of people"

On the market:
"It will get better definitely after Obama has his team together and is able to submit to the public what he's going to do. He's got some wise people around him who will probably put together a pretty comprehensive and thoughtful strategy, and I think that will add exactly what we need to improve confidence"

On his clients:
"Over the 35 years I've run this company, I'd say that 95% of the clients are long-term investors. They believe in America, they believe in what we stand for, and they just want to participate in the success of great companies."

http://money.cnn.com/2008/12/08/magazines/fortune/schwab_col...
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