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Transcript: Ted Seides

Barry Ritholtz

SEIDES: If the S&P is your benchmark, which it isn’t for these pools of capital. RITHOLTZ: What should be their benchmark? So the proper benchmark for those pools has to look a little bit like the underlying assets they’re investing in. So what do you use for a benchmark? 14, 15% a year? RITHOLTZ: Right.

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Transcript: Gary Cohn

Barry Ritholtz

So, you know, we, we, we got involved and created a benchmark, a commodity indices at the time. Hank Paulson had left to go become treasury secretary. There’s ways around that during reconciliation for budget bills and things like that. 00:16:40 So there was a way to judge yourself. Did you actually outperform the market?

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