I do believe that some of these regulations made the markets more volatile, and it remains to be seen how bad that can be.

My daughter asked me when she came home from school, "What's the financial crisis?" and I said, it's something that happens every five to seven years.

There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.

Businesses can be opaque. They are complex. You don't know how aircraft engines work either.

We did not anticipate the political fallout from it. We definitely didn't need it and we paid it back the first day we were allowed to.

Banks also have to say no to customers. We can't always give clients what they want; it may not be in the client's best interest.

A bank is a relationship. I can't desert you and expect to have a strong relationship afterward. If I told someone, "I know you've been buying milk from me and you need milk to survive. But the price is no longer $2 a gallon. It's going to be $40 a gallon. I'm going to bankrupt you." What do you guys think of me? You would hate us.