It's Hard In All Countries. Democracy Is

Look, Every Institution Will Make Mistakes. I Acknowledge We Make Mistakes, And They Can Hurt My Reputation And Our Company's. But You Also Must Be Willing To Let Go A Little Bit, Trust Others, And Not Always Be So Stringent, Provided You Have Robust Controls.

I Completely Agree With The Concept That American Citizens Shouldn't Expect That A Failure Of A Bank Would Cost Them Money, Or That It Would Hurt The Economy.

Our Global Corporate Investment Bank Competes With Goldman Sachs, Citibank, And A Bunch Of Other Banks That Are In Those Businesses. We May Have Slightly Different Products Or Services, But So What? That's Always Been True In American Business.

I Think The Way Now Characterized Smith Barney Is Disgraceful. I Am Appalled That An Organization Like That Would Not Have Reserved Judgment (until) Making Their Own Investigation.

I Want Japan To Think And Say That We Are Better Off For Jpmorgan Having Been Here Through Thick And Thin.