It's good for America when the rest of the world grows, because you can sell more to the rest of the world.

When the government gets involved in pricing, I don't think it's the right way to look at a business.

We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and other states, which was a huge benefit - to expand and grow and add middle-market, private banking, investment banking, and other products, too.

All businesses tend to pass costs onto customers.

The transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.

There is a lot of focus on that first rate move, and I'm not sure how important that is.

Just because we're stupid doesn't mean everybody else was.