No One Can Forecast The Economy With

I Think Immigration Has Been One Of The Vital Things About The Growth Of America. I'm The Product Of Grandparents Who All Immigrated From Greece. I Hope Eventually We Have Proper Immigration.

We've Made A Huge Effort Globally And In The Us, In Getting Kids Jobs. This Is One Piece. The South Bronx And Inner-city Schools Need It More Than Most. It's Our Hometown; Jpmorgan Chase Banks A Lot Of People Here. If You See The School, It Works. Kids All Getting Jobs, They're Smiling, They're Proud Of Themselves. That's What We Need To Do In Inner-city Schools.

Part Of The Concept Of The Euro Zone Was To Establish A Common Market. The Banks Were Going To Bank Across All Their Countries Like We Bank Across States. But That Concept Got Killed For A Whole Bunch Of Reasons That I Won't Get Into. That Was A Good Concept, By The Way. It May Yet Return, Because There Are Huge Economies Of Scale In Banking. That's Another Thing People Don't Quite Get.

They'll [china] Probably Be A Fully Developed Nation. The Road There Just Is Not Going To Be That Easy. You're Going From A Macromanaged, Top-down Economy To A Market-managed, Micromanaged Type Of Economy, With All The Potential Corruption Issues, Soe [state-owned Enterprise] Reform, And Market Reform That Come With It.

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.