Remember That Banks Aren't Markets. The Market

Well, If You Were The American Public, You Saw A Catastrophe. In General, You Would Say, "the Biggest Institutions Of America - Washington, Broadly, And Wall Street, Broadly - They're To Blame." And, Broadly, They're Right.

We've Accommodated The New Rules And Regulations. We've Served Our Clients And Had Quite Good Returns.

Remember That Banks Aren't Markets. The Market Is Amoral. The Market Doesn't Care Who You Are. You're A Trade To The Market. The Market Will Sell You If They Think You're Riskier. Banks Didn't Do That

We Do All That [ Represent Companies], Because We Have A Lot Of Research In Japanese Companies, And That Research Educates Investors Around The World. It Allows Us To Sell Stocks And Bonds In Japanese Companies.

I'm A Really Big Believer - This Is Not A Statement About President [barack] Obama, But Whoever Is President - That Good Policy Is Really Important.