It is a maxim of cryptology that what one man can devise, another can unravel. This principle keeps armies of tax lawyers and accountants employed, but adds nothing to our national productivity.

Banking is a branch of the information business.

Every line in the government's budget has its own constituency.

The information revolution has changed wealth. Intellectual capital is far more important than money.

When you retire you go from Who's Who to Who's That?

I walk into all these organizations, and I'm always puzzled when I realize that people still want to be there. Most people really want to love their organizations. We need that level of commitment ... Yet organizations have done very little to deserve that kind of staying-power.

Risk is not a dirty word.