“Our commitment is to assure fairness and honesty in the market, ... The public's participation in the market is driven by that fairness and honesty, and we owe it to them to fulfill that.”
“A separate entity would remove the cop on the beat, ... is not viewed as a profit drag, but ? as an investment in our brand and in building public confidence.”
“[There is] a recognition on the part of all markets that this is becoming a global business and the core 1,000 global companies will trade in multiple arenas, ... Is it not better to make the pie larger and thus everyone benefit?”
“In the course of the next few days we will do all the required stress testing that's required of our industry, ... To make sure that by Monday morning the American people are served by the finest capital market the world has known.”
“If the test on Saturday were to prove to be problematic, long before Monday at 9:30 a.m. we will be very candid with member firms and the American public,”
“The more important is question of the human issues, ... Today we're getting very positive reports of people being recovered alive. No one wants to interrupt that process. It's more important for the city ... that they have all the time necessary without any disruptions to get into that pile and get people out.”
“Think of the metrics; eleven Fed actions in the last year, a stimulus package that will come from our leadership in Washington, ... The economy was sputtering prior to the 11th of September. We're now seeing clear leadership on both the fiscal and monetary standpoint. We're getting some good news from corporate earnings. There is a lot to be optimistic about.”