President Obamas acceptance speech after winning the 2012 election on Tuesday night left the CEO of BNY Mellon Investment Management Curtis Arledge hopeful that the U.S. will be able to avoid the fiscal cliff many Americans are bracing for.
At a press briefing held with other BNY Mellon executives on Wednesday, Arledge said that he was heartened by the fact that the president talked about the difficult decisions the nation will need to make on both the revenue and spending side. He also noted the presidents John Kennedy-esque message asking citizens to become more responsible for the challenges facing the nation.
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