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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

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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
Term
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Resolutions
Living
Event
Wills
Action
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Long
Independent
Banks
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Dodd
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More quotes by Jamie Dimon

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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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Usually, something that is fairly expected is already factored in. I also think that you have to think that America is raising rates because the economy is getting stronger.
Jamie Dimon
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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
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But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.
Jamie Dimon
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I do want the tax system to be efficient and be conducive to growth, which it is not.
Jamie Dimon
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Our plate is full. We have a lot to do building our company organically and that is our key focus.
Jamie Dimon
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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
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If I ran the whole place like it was my way or the highway, we would not be as good a company. I'm going to have mistakes - they'll be made on my watch and will embarrass me. But I'll also make sure the company learns from them so it can become a better company.
Jamie Dimon
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I don't like the term universal bank. The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that's part of it.
Jamie Dimon
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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
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If you have the choice, it's far better to say, That person has the job, and they really don't need that much of my oversight. Maybe they don't need any of it.
Jamie Dimon
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I am still a Democrat. The main reason is because I don't like the Republican stance on some social values. Not that I disagree with all of them. I just don't think they have a right to impose it upon other people. I've been public about that.
Jamie Dimon
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You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, It could have been much better.
Jamie Dimon
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We've accommodated the new rules and regulations. We've served our clients and had quite good returns.
Jamie Dimon
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Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.
Jamie Dimon
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I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.
Jamie Dimon
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I was a normal human being, but I did like that. I read a lot. I also liked math and science.
Jamie Dimon
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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
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We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.
Jamie Dimon
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I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster. But we didn't. And some of that was Republicans' [fault], by the way.
Jamie Dimon