Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.
From James P. Gorman
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.
I think Americans are very verbal and Aussies are more circumspect, and that can come across as being clearer. It can also come across as abrupt and cold. Some people find me to be abrupt and cold. That's just my personal style.
I certainly have no regret living in the U.S. The quality of life in Australia is good, but it is bloody good here as well.
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.
I'll be very clear about this: I'm not a fan of getting rid of Dodd-Frank.
As much as the banking system may not be terribly popular, it is an essential part of the economy.
Bringing world leaders together as human beings rather than political machines is very important.
The U.S. is becoming an industrial heartland again.
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