Video: Ken Moelis - Keynote speaker at the Deal's Private Equity Symposium

"My mother called me up at the end of the equity bubble, and... you know I have been at the heart and seen some of the problems, and my mother said, 'Hey how come you never go to jail?' ,and I said 'Gee, Thanks Mom'...The 'everybody's doing it' excuse doesn't hold when people are wondering how this happened, and they want to take action...Look at your practices."

Another clip is below