The whole financial industry is consolidating in the United States.

I wonder how many people would have thought at the end of World War II that the capitalist system would be one that was meeting the challenges and making things better for people as we approach the 21st century.

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

So it's the kind of business where you can't wait to get up in the morning and read the papers, or listen to what's on the news, and you know, how the world's going to change.

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.

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.

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.

I would say that my parents were supportive of me.

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.

The whole financial industry is consolidating in the United States.

Learn how to be a loser, because it's important to be a loser to be a winner.

I've been involved with Carnegie Hall for the last 13 years, and Chairman for the last six. I feel really good about what we've done growing our educational programs there, building a board that has made Carnegie Hall really a world-class institution.

From the business point of view, always encouraging the people in our company to own stock in the company, and if we're going to build something great, to have a lot of people share in the benefits of that greatness.

A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able to go to college, and it changed a lot of people's lives.

What turned me on then, and turns me on even today - and when the time comes from me to retire from management I think I'd still be interested in it - is that everything that happens in the world affects the price of securities.

I believe in giving back very strongly.

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.

I think we are a product of all our experiences.

Details create the big picture.

I read a lot, but I read about the areas that I'm interested in.

You never want to think the best things are in the past. You want to get yourself to believe that the best things are going to be in the future.

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.

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

I'm not as involved in every little thing as I used to be.

I think Latin has some logic to it and there was a discipline.

I was sort of a sissy as a little kid.

I think the American Dream says that anything can happen if you work hard enough at it and are persistent, and have some ability. The sky is the limit to what you can build, and what can happen to you and your family.

Our company is working with Disney to create a game for children between the ages of maybe four and 12, so we can teach them what the capitalist system is all about.

I've had a terrific life, from building one company to be the second largest company in the securities industry and merging that into American Express, and becoming president of that company.

And it was where I learned how to play tennis and eventually became captain of the tennis team at the school and was on the Junior Davis Cup in New York City.

I remember the mentoring experiences of some teachers that I had, like a second term home room teacher in public school that really was very helpful to me.

If a person is not willing to make a mistake, you're never going to do anything right.

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

Our strength in finance has led us to set up an international financial centre with medium and long-term objectives, especially to develop Islamic financial and insurance services.

So, for example, a country was into recession right after I was sworn in, a dot-com bust had taken place. Then the attacks of September the 11th, and then of course the great financial meltdown in the -the fundamental question facing any presidency is how do you deal with the hand you're dealt?

I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy.

I've been a financial journalist for 30 years.

Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.

I believe my publisher has shown a great deal of faith in me over a lot of years but I'm not prepared to be so arrogant to say that the long-term literary value of my work would compensate them for a financial failure.

We have, unlike many of our competitors, continued to meet our various financial obligations.

I kept an interested eye on the transfer window in England, which opened and closed last month, and the lack of frantic activity just goes to show the current financial state of the game right now.

I finally know what distinguishes man from the other beasts: financial worries.

One of the special characteristics of New York is that it is different from a London or a Paris because it's the financial capital, and the cultural capital, but not the political capital.

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

Women would be disproportionately affected by the privatization of social security. It is one of the most important safety nets for American women in old age, or in times of disability, to insure financial income for their families.

Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges.

For the past ten years I have had no financial problems.

We're on the verge of a financial collapse unless we balance the budget, and that means some really, really tough decisions.

Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.