You Never Know Exactly How New Policies

I Also Think You Have To Be Very Careful. I Mean, The Heritage Of Our Company Is Very Strong, And Building Some Of These Businesses Into Leading Players Is Extremely Tough. You And I Can Both Build A Trading Business, And It Looks Like You're Doing Ok, And It Looks Like I'm Doing Ok. But, Really, I Am, And You Aren't. It Comes Down To The Quality Of Clients, Quality Of Systems, Quality Of Risk Controls.

When You Leave People Behind, And Those People Who Are Left Behind, It's Not Their Fault, It's The Leaders Of The Institutions. There's Always Going To Be An Elite. You Can Have An Elite In A Communist Society. It Is The Leaders, Something Went Wrong, And The Leaders Collectively Are Responsible.

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

Acting Like Everyone Who's Been Successful Is Bad And Because You're Rich You're Bad, I Don't Understand It.

The Real Story In Housing Will Be A Recovery In The Economy That Will Drive A Recovery In Housing, When People Are Working, When There Are More Jobs, More Households Forming And People Go Back To Buying Cars, They're Going To Want Their Apartments And Homes. And That's When You'll Start To See A Recovery In Home Prices.