Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures.

If business doesn't thrive, it hurts America. We need improved relations, more collaboration, more thought and more consistency as we go about trying to make sure we have the best country in the world. Not scapegoating and finger-pointing.

I don't think you could have a banker serving in a major role in Washington in the next 10 years. I just don't think it's going to happen - it's just not politically feasible - so I don't spend much time thinking about it. Do I think I could do a good job? Maybe. It's possible.

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 am not embarrassed to be a banker. I am not embarrassed to be in business.

The term "too big to fail" must be excised from our vocabulary.

I do think there will be more Japanese companies expanding out of Japan, and there will be more cross-border flow from Japan.