Our Plate Is Full. We Have A

The Government Isn't Going To Say, "we're Going To Regulate Banks, But We'll Leave These Other Companies Alone." I Think The Regulators Want To Make Sure That They Have Some Form Of Regulation On Anything Systemic. We Like Our Hand. But, You Know, Honestly, Who Owns The Future?

I Always Tell People, "there's A Book On Everyone." I Get Some Of That Book Before I Do Anything. If I Want To Deeply Understand Someone's Reputation, I'll Talk To Their Friends, Their Former Bosses, Their Peers, And I'll Learn A Lot About Them. I Want Them To Be Trusted. I Want Them To Be Respected. I Want Them To Give A S - -. Then There Are The Intangibles: Physical And Emotional Stamina, The Ability To Confront Issues. I Can Ask All I Want About Those Things, But I Also Have To See A Lot Of It.

But In General, As Countries Get Wealthier, There's Going To Be More Savings, Which Means You're Going To Have Intermediation. So Part Of It Is Just The Huge Growth In Wealth, And Part Of It Was Globalization - These Companies, These Clients Getting Much Bigger And Much More Global.

If You Look At The Banking Business Over Many Years, It's Always Been A Huge User Of Technology. This Has Been Going On My Whole Life, That People Have Been Adding Technology, Digitizing Services.

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.