I Am Still A Democrat. The Main

At Travelers, We Were Much More Opportunistic. It Was Very Successful, But It Wasn't An Integrated Financial Services Company. We Had A Property Casualty Company, A Life Company, A Brokerage Company. We Were A Financial Conglomerate. It Wasn't A Unified, Coordinated Strategy Of Any Sort. When It Merged With Citi, That Became A Big Issue; Citi, At That Time, Wasn't Yet A Fully Integrated, Coordinated Company.

It's Offensive To Me To Be Called A Cost Cutter.

They [chinese] Have Very Smart, Experienced People. I Don't Want To Paint Them All With The Same Brush. There Was A Little Bit Of A Feeling That The Stock Market, Which Went From Something Like $4 Trillion In Valuation To $10 Trillion, That The Chinese Wanted That.

Prime Minister Modi [narendra] Is Strong Enough, And He's Accomplished Much.

The "third Arrow" (of Structural Reform) Is Critically Important. Japan Has Some Of The Best Companies In The World, And If You Look At Their Technology, Their Capability, It's Extraordinary.