25 Quotes by John Mack

AWAS is a strong business with superb management, but it does not fit our strategy.

This is a very serious matter. Any loss of human life is tragic, especially if it is a 13-year-old young boy.

It's to the mayor's credit that he reached out. The inclusive nature of his appointments will mean a rich new diversity of opinions and ideas, to the benefit of the city.

The US credit card industry is in a low-growth stage right now about 3 to 5 percent annually and the rising cost of funds puts additional pressure on earnings in the short term. But given the strengths of Discover, its powerful brand name and its continuing strong return on investment, retaining the business and investing in it over time give us a good chance to create value through domestic growth in excess of industry trends, growth in international profit and the unique opportunities in the payments business.

Small- to medium-sized transactions are typically not affected in a downturn.

Investment Management is a key business for Morgan Stanley, one that we are deeply committed to investing in and growing.

Aircraft leasing is not a business that fits with our strategy.