That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.

Wall Street gives money to both [Democrats and Republicans] because they want to be on the good side of whoever becomes president .

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 the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder.

Our plate is full. We have a lot to do building our company organically and that is our key focus.

We have a lot of people who are Republicans, a lot of people who are Democrats, and it's not just because of business reasons.

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.