American - Businessman | July 14, 1958 -
You will not see, in my career, the kind of returns this industry had in 2005 and 2006 for a very simple reason - the banks were undercapitalized, and returns are a function of earnings and capital.
James P. Gorman
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When it comes time to go into the booth, I will be writing down President Mike Bloomberg.
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Look, you deal with the choices you are confronted with.
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We know what we are. Our business is originating, distributing, and managing capital for individuals and institutions.
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I think Brexit is disappointing from an economic perspective.
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Supply and demand eventually rebalance. We've seen this again and again and again.
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I'm pretty invisible, and that's just fine.
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If you want to spend weekends with your family, something's got to give.
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