on our program yesterday is betsy mccaughey, former lieutenant governor of the state of new york, i askedge, what damage, what could maxine waters do to the banks and here was her response. >> for example, she is targeting corporate america saying corporate america has not put enough racial minorities and women on its boards. that may be true but she has formed a new subcommittee with the goal of legally requiring that all public companies report annually on the gender and racial composition of their boards. that is the first step towards quota. stuart: what do you say to that, kristin, quotas for racial and gender? >> look, like waters i would love to see more women and people of color in business but forcing companies to, basically quantify their board members by gender and race, would probably lead to quotas and as we know quotas dilutes the talent of women and people of color. people should never have to wonder if they were hired just to check a box. and diversity mandates often have poor results because companies, who are faced with diversity mandates need to focus on filling quotas,