What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.

Next quotes

• Bill Janklow:

  We've become a plastic society.

• Bill Janklow:

  Those 3,000 jobs in Sioux Falls, based on our population back then in Sioux Falls, would have taken

• Bill Janklow:

  They're pushing credit cards. They don't take Visa, but they do take American Express, or they don'

• Bill Janklow:

  There's a world out there, and you've got to look at both sides of the mountain in your lifetime.

• Bill Janklow:

  The rest of the world wants our cash; we like plastic.

• Bill Janklow:

  The deal we made was that if we would change our law to invite them to come to South Dakota - that'

• Bill Janklow:

  So people ought to be free to leave here, but there ought to be opportunity for them to come home.

• Bill Janklow:

  If you knew the upward mobility that South Dakota's kids have gotten from the opportunity to intern

• Bill Janklow:

  I like practicing law.

• Bill Janklow:

  I bought a railroad during this period of time.