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The government has the right to change laws and rules and regulations.
Jamie Dimon
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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Law
Change
Government
Right
Regulations
Regulation
Rules
Laws
More quotes by Jamie Dimon
When the government gets involved in pricing, I don't think it's the right way to look at a business.
Jamie Dimon
You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
Jamie Dimon
We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.
Jamie Dimon
I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.
Jamie Dimon
It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.
Jamie Dimon
I haven't studied it deeply, but the American banks started the crisis with far more capital and what I would call good liquidity. The riskiest funding is unsecured wholesale funding. It's the most fickle. Not repo, which the government focused on, too. Unsecured. JPMorgan Chase had almost none of that - virtually zero.
Jamie Dimon
JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
Jamie Dimon
That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.
Jamie Dimon
People always say to me, What if it doesn't work? If it doesn't work, we redouble our effort. We're not going to cry like a bunch of babies. We're going to redouble our effort.
Jamie Dimon
If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder.
Jamie Dimon
Wall Street gives money to both [Democrats and Republicans] because they want to be on the good side of whoever becomes president .
Jamie Dimon
Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.
Jamie Dimon
We, Americans, have the best country on the planet. We have schools, universities, food, water, energy, peaceful neighbors, low corruption, you name it, deepest and widest capital markets. That doesn't mean we shouldn't identify problems. We don't have a divine right to success.
Jamie Dimon
We did not anticipate the political fallout from it. We definitely didn't need it and we paid it back the first day we were allowed to.
Jamie Dimon
The third arrow (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.
Jamie Dimon
I have gotten disturbed at some of the Democrats' anti-business behavior, the sentiment, the attacks on work ethic and successful people. I think it's very counter-productive.
Jamie Dimon
We're diversified, we're stable and consistent. Our businesses benefit from each other.
Jamie Dimon
If you were a corporation needing financial services, and I can give you something better, faster, and cheaper across 12 products as opposed to eight, that's business. I'm doing it because I'm serving you I'm not doing it because I want to be universal.
Jamie Dimon
We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and other states, which was a huge benefit - to expand and grow and add middle-market, private banking, investment banking, and other products, too.
Jamie Dimon
I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.
Jamie Dimon