Usually, something that is fairly expected is already factored in. I also think that you have to think that America is raising rates because the economy is getting stronger.

We're trying to win business by doing a good job for the clients, as opposed to, "We think being big and universal is just a great, wonderful thing." It's not a morality thing. It's a "Does it work for the client?" thing. Everything we do is because a client uses us. Everything we do is because a client chose to use us of his own free volition.

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.

We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan."

We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.

Unraveling the euro is a terrible thing. This is a 50-year endeavor to get this continent together and that's a wonderful endeavor.

I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.