It's Offensive To Me To

I Haven't Studied It Deeply, But The American Banks Started The Crisis With Far More Capital And What I Would Call "good Liquidity." The Riskiest Funding Is Unsecured Wholesale Funding. It's The Most Fickle. Not Repo, Which The Government Focused On, Too. Unsecured. Jpmorgan Chase Had Almost None Of That - Virtually Zero.

We Have A Lot Of People Who Are Republicans, A Lot Of People Who Are Democrats, And It's Not Just Because Of Business Reasons.

It Is Vital For Officials And Regulators To Have Input From People Within Our Businesses Who Understand The Intricacies Of How Financial Markets Operate And The Consequences Of Certain Policy Decisions.

Well, If You Were The American Public, You Saw A Catastrophe. In General, You Would Say, "the Biggest Institutions Of America - Washington, Broadly, And Wall Street, Broadly - They're To Blame." And, Broadly, They're Right.

Capping The Size Of American Banks Won't Eliminate The Needs Of Big Businesses; It Will Force Them To Turn To Foreign Banks That Won't Face The Same Restrictions.