You Read Constantly That Banks Are Lobbying

If The Government Wants To Do Social Policy, It Should Not Be Done In A Quasi-public Company. If You Have A Mortgage Guarantee Company Which Is Done By The U.s. Government, It Should Be Guaranteed By The Originators, I.e., The Shareholder.

Japan, Europe, [and] America Probably [are] Better Than Last Year [2015], Not China.

Manipulating Currencies Is When You're Going Into The Marketplace And Buying Something In Large Amounts To Depress The Value Of The Currency.

Dodd-frank And Independent Actions Of Banks Go A Long Way In Terms Of Progress On Capital, Liquidity, Transparency, "living Wills" (plans For Winding Down A Bank In The Event Of A Collapse) And Resolutions.

You've Seen Certain Credit Type Products That Are Going To Be In Nonbanks, Like Sophisticated Clo [collateralized Loan Obligation] Tranches And Stuff Where The Capital Charge Is So High That A Bank Simply Will Not Own It. Someone Will Buy It, Hedge It, Trade It. But It Won't Typically Be A Bank.