I actually find it very refreshing that he is so up front about it, and he's absolutely right that the programs that Snowden revealed have been more or less an open secret for many years.

Probably we have to consider that he was saying this on CNBC, which is a financial news channel, and in that context he had to represent his interests, which include all the people who's money he is managing. I suspect in another context his views on this would be far more nuanced.