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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
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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
First
Allowed
Needs
Definitely
Paid
Political
Didn
Back
Firsts
Fallout
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Anticipate
More quotes by Jamie Dimon
I think what you've seen them do recently in the markets is what most of us learn doesn't ultimately work. But I think everyone has to figure that on their own.
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
Wall Street gives money to both [Democrats and Republicans] because they want to be on the good side of whoever becomes president .
Jamie Dimon
I was a normal human being, but I did like that. I read a lot. I also liked math and science.
Jamie Dimon
We do all that [ represent companies], because we have a lot of research in Japanese companies, and that research educates investors around the world. It allows us to sell stocks and bonds in Japanese companies.
Jamie Dimon
No one can forecast the economy with certainty.
Jamie Dimon
If you went to all those little towns in America, JPMorgan was there in good times and bad times, and, in fact, helped a lot of people through the tough times. And we know that's when they need us the most.
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
I am not embarrassed to be a banker. I am not embarrassed to be in business.
Jamie Dimon
The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis, and sometimes collaboration between government and business, to understand how that works.
Jamie Dimon
There are parts [in Dodd-Frank] that I don't agree with. But, in total, it is what it is.
Jamie Dimon
I hate the word universal, because I don't know exactly what it means. The question is, does it work for the client? Travelers was a diversified, financial conglomerate that did very well. The businesses had nothing to do with each other.
Jamie Dimon
Dodd-Frank and independent actions of banks go a long way in terms of progress on capital, liquidity, transparency, living wills (plans for winding down a bank in the event of a collapse) and resolutions.
Jamie Dimon
I agree with people who say we want more income equality we want more consumer protection and we want sounder banks. I agree with all that.
Jamie Dimon
The transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.
Jamie Dimon
The goal of what Japan's central bank is doing is to create growth. If it actually creates growth, in the long run, it will lead to appreciation.
Jamie Dimon
I do believe that some of these regulations made the markets more volatile, and it remains to be seen how bad that can be.
Jamie Dimon
The government has the right to change laws and rules and regulations.
Jamie Dimon
I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.
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