PowerShares CEO Saved By the Bell

Bruce Bond, CEO of PowerShares, did an interview with MarketWatch this morning to discuss his launch today of several new PowerShares ETFs. You can watch the video online. The interview itself is fairly unremarkable — Bruce gives the PowerShares pitch and then fields a few softball questions about PowerShares’s relatively higher expense ratios and the competing offerings from Barclays.

The funny part comes at the very end, as the reporter poses his final question. “One last question, Bruce. If your fees are so low, how do you guys [PowerShares Capital Management] make money?” Bruce’s reply: “Well, uhm, you know–” and then poof! The video cuts out.

Merely a technical glitch, of course, but we too would have liked to hear Bruce’s answer to that question…

« Any opinions expressed on the Seeking Alpha sites are those of the individual authors and do not necessarily represent the opinion of SeekingAlpha or its management. »