I've Asked Our People, "why

If You Can't Use Dividends, It's Not A Bad Thing To Give It Back To Your Shareholders. They'll Use It Somewhere Else.

People Always Say To Me, "what If It Doesn't Work?" If It Doesn't Work, We Redouble Our Effort. We're Not Going To Cry Like A Bunch Of Babies. We're Going To Redouble Our Effort.

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.

Our Commercial Bank [jpmorgan] Is Only In The U.s. We Are Serving What You Call Smes - Small Businesses, Private Companies.

It's Moderate Growth, With Some Parts Of The World Better Than People Think, And Better Than Last Year [2015].