All Businesses Tend To Pass Costs Onto

Companies Are Returning A Lot Of Money To Shareholders Through Dividends And Buybacks. And A Lot Of People Say That's Not A Good Use Of Capital. I Think That's Normal Reallocation Of Capital.

Unraveling The Euro Is A Terrible Thing. This Is A 50-year Endeavor To Get This Continent Together And That's A Wonderful Endeavor.

I Haven't Studied It Deeply, But The American Banks Started The Crisis With Far More Capital And What I Would Call "good Liquidity." The Riskiest Funding Is Unsecured Wholesale Funding. It's The Most Fickle. Not Repo, Which The Government Focused On, Too. Unsecured. Jpmorgan Chase Had Almost None Of That - Virtually Zero.

The Best Thing To Do Is Muddle Through And Maybe, Over Time, Create A Solution Of That, If Someone Really Wanted To Exit, The Legal Basis On Which You Could Exit. Because Right Now There Almost Doesn't Exist One.

Good Regulation Should Be Conducive To Business And To Customer Protection.