James P. Gorman Quotes
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I'm one of 10 children, and all my brothers call me Jim. And all my sisters... well, they call me something even more affectionate. My mother calls me James, and I do what my mother tells me.
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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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The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.
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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.
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I'm pretty invisible, and that's just fine.
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The U.S. economy is the global economic driver. And within the U.S. economy, the U.S. consumer is the global driver.
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I am very proud of my Australian roots.
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Supply and demand eventually rebalance. We've seen this again and again and again.
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Bringing world leaders together as human beings rather than political machines is very important.
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I'm not that interested in just being around powerful people for the sake of it.
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You can fire your revenues by firing your people.
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Look, you deal with the choices you are confronted with.
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I think Brexit is disappointing from an economic perspective.
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Let's be honest: It wasn't just the banks who messed up. There were a lot of people who tried to buy assets they couldn't afford. That's a reality.
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Salomon Brothers, E. F. Hutton, Shearson, Lehman, Smith Barney... all these firms disappear, and the Street just rolls on.
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You can't operate a business running at a loss, and particularly if you're doing it by paying yourselves. It just doesn't fly.
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The U.S. is becoming an industrial heartland again.
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Banking's a sexy industry! Creative - it's dynamic, it's global, it's fast-moving, you bring a lot of talented people together!
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I have a direct way of speaking. What I do is tend to lay out everything; I tend to tell people what I'm going to do and how I'm going to do it and what is success for us and what's not... without being too parochial about it, I think Aussies are more direct.
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The Brexit vote, the presidential elections in the U.S., a number of the other regional political movements - that's not a flash in the pan.