The Country [india] Is Doing Far Better.

I Wanted To Start By Saying That The Eurozone - There Are Two Reasons They Formed The European Union. One Is For Political Peace And Rationalization. And I Think That's A Good Thing For A Continent That Went Through Hundreds Of Years Of Wars.

Jp Morgan Always Has Higher Capital Liquidity, That Is Partially To Make Up For Mistakes And Problems And Obviously Its A Tough Economy. We Support An Oversight Committee, We Supported Some Of The Compensation, New Compensation Rules, Though We Already Follow Most Of Them. We Support A Lot Of It.

Banks Don't Want Certain Asset Classes, And That's Created Opportunities For Private Equity, Hedge Funds, Silicon Valley. In This Case I Think He Was Referring To Some Of The European Banks Shedding Assets, And The Big Buyers Are Probably Not Going To Be Big American Banks. Someone Like Blackstone May Have A Very Good Chance To Buy Those Assets, Leverage Them, Borrow Up A Little Bit, And Do Something Good There.

No One Can Forecast The Economy With Certainty.

If You Were A Corporation Needing Financial Services, And I Can Give You Something Better, Faster, And Cheaper Across 12 Products As Opposed To Eight, That's Business. I'm Doing It Because I'm Serving You; I'm Not Doing It Because I Want To Be Universal.