No One Can Forecast The Economy With

The Toughest Are People Mistakes, When You Put The Wrong Person In A Job. Sometimes You're Too Slow To Move Them Out. Or Not Getting The Right People Involved To Solve A Problem, Or Doing Something Out Of Anger; You Learn, Just Don't Do That. But I'd Have To Say The Whale Was One Of Them, And I Would Also Have To Put Bear Stearns And Washington Mutual On The List At This Point.

If You Look At The Banking Business Over Many Years, It's Always Been A Huge User Of Technology. This Has Been Going On My Whole Life, That People Have Been Adding Technology, Digitizing Services.

When You Leave People Behind, And Those People Who Are Left Behind, It's Not Their Fault, It's The Leaders Of The Institutions. There's Always Going To Be An Elite. You Can Have An Elite In A Communist Society. It Is The Leaders, Something Went Wrong, And The Leaders Collectively Are Responsible.

You Know, The Benefit In Life Is To Say, 'maybe You Made A Mistake, Let’s Dig Deep.'

The Real Story In Housing Will Be A Recovery In The Economy That Will Drive A Recovery In Housing, When People Are Working, When There Are More Jobs, More Households Forming And People Go Back To Buying Cars, They're Going To Want Their Apartments And Homes. And That's When You'll Start To See A Recovery In Home Prices.