Quotes from Straits Times Oct 19 2008
"People kept asking us, could we have predicted
this? Yes, there was
Bear Stearns, Fannie Mae, Freddie Mac, but nothing had gone under.
Even the independent rating agencies hadn't downgraded the entire global or US
economy"
One question he asked his relationship mangers at the townhall
meeting was "Are you sure you sold it the right way?"
"At the end of the day, it's a discussion between the relationship
manager and the customer. I got a 'yes'
consistently. And that gave
me some comfort."