That's Probably Good, All Things Being Equal,

Jpmorgan Chase Are Among The Most Successful Global Investment Banks, Most Successful Global Asset Managers, And, In The United States, One Of The Most Successful Retail And Commercial Bankers. We Do A Great Job For Customers.

My Guess Is The Big Chinese Banks Will Be In 100 countries By Then. They Will Have Very Sophisticated Operations, And They May Very Well Have Bought Banks Around The World In Countries That Allow It. I Mean, I Don't Think The American Government Would Allow Them To Buy Jpmorgan. But They Will Be Able To Buy A Sizable Big Bank In The U.s. At Some Point. Whether They Do Or Not, Or If It's Allowed Or Not, I Don't Know.

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.

When People Talk About People Being Left Behind - Middle Wages Have Not Gone Up For Years, And We Should Recognize That, And There I Think We Need Growth And Skills - But There Are These Other People Who Have Been Left Behind. When I Say Out Loud, "fifty Percent Of Inner-city Schoolkids Do Not Graduate From High School," That Is A National Catastrophe. We Should Be Ringing The Alarm Bells. It's Not Fair.

We Invested In The Downturn And We Never Stopped Serving Our Clients.