[The deal] is probably one that is not appealing to J.P. Morgan management, becoming a small piece of a big company.

There's a lot of faith and confidence in this management team. This may be more change in executive suite than investors are happy to see.

[Jay Leno said the Federal Emergency Management Agency head recently appeared at his doorstep and said,] I'm here for the earthquake damage you had back in '94. ... The Bush administration is getting ready to ignore it.

Management is not about being the nice guy

Power is the ability to influence the most, nothing else

This is a big storm, and the emergency-management system in Texas is already burdened by Katrina. But Texas is well-prepared for this event.