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"The whole financial industry is consolidating in the United States."
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"He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange."
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Personal Development

"Thirty to 40 years ago, most financial decisions were fairly simple."
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Personal Development

"When you work hard in a job that suits your living standards, never greed for fortune because you will distract yourself from fulfilling other important priorities and participating in leisure activities in your current life. You will eventually gain the fortune if you set up a wise investment goal by having pride and confidence on your savings."
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Personal Development

"The press regularly proclaims my ambitions and my financial demands."
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Personal Development

"If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow."
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Personal Development

"You need a very good financial person to keep you honest, and to keep track of income and outgo."
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Personal Development

"Financial regulatory reform is one of the top legislative priorities of the Obama Administration."
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Personal Development

"What we're going to do is redouble our efforts on financial regulatory reform, because that has in it sensible things like say on pay, so at least the shareholders are minding the store, sensible things like saying, for heaven's sakes, compensation should be focused on - on long term, so that you don't have rewards for short-term risk-taking."
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Personal Development

"It's hard to exaggerate the importance of preserving the financial integrity of Social Security."
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Personal Development

"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."
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Personal Development
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"And learn that when you do make a mistake, you'll surface that mistake so you can get it corrected, rather than trying to hide it and bury it, and it becomes a much bigger mistake, and maybe a fatal mistake."
Mistake


"If we build something great, like we have at Travelers Group so far, a whole host of people benefit."
People


"One of the people that I respect the most now, a person I think has done a heck of a lot for this world as a leader, is Margaret Thatcher. She helped create a world that offers us a lot of excitement as we look to the next century."
Leadership


"My parents moved back to New York from Florida when I was in the ninth grade."
Parenting


"The whole financial industry is consolidating in the United States."
Finance


"I think life is sort of like a competition, whether it's in sports, or it's achieving in school, or it's achieving good relationships with people. And competition is a little bit of what it's all about."
Life


"The more we can do to create a better society, that benefits more people, the better chance we have that our society will continue to grow and prosper."
Society


"And I thought I'd always like some form of business, I didn't know what kind of business I'd go in."
Business


"My mother really didn't know a heck of a lot about business. She was a very good mother, that made sure we ate right and we had our cod liver oil, but didn't know a heck of a lot about what I did."
Business


"And when we used to play and fight in the streets in Brooklyn and I would get hurt or something, my mother would always come out and save me. So that sort of postponed the inevitable about getting a good beating, without having somebody to come and save you."
Family
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