Jamie Dimon Quotes

You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don’t look at it that way.

You know, the benefit in life is to say, ‘Maybe you made a mistake, let’s dig deep.’

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.’

You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have a good system.

While legislation obviously is political, we now have allowed regulation to become politicized, which we believe will likely lead to some bad outcomes.

When the government gets involved in pricing, I don’t think it’s the right way to look at a business.

We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.

We are totally open kimono with regulators.

Walk into a Chase branch and we can give you so much quicker, better and faster. Like Wal-Mart.

Unraveling the euro is a terrible thing. This is a 50-year endeavor to get this continent together and that’s a wonderful endeavor.

The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to buy and sell large amounts at very cheap prices. That is a good thing.

The term ‘too big to fail’ must be excised from our vocabulary.

The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they’re going to want their apartments and homes. And that’s when you’ll start to see a recovery in home prices.

Scale can create value for shareholders; for consumers, who are beneficiaries of better products, delivered more quickly and at less cost; for the businesses that are our customers; and for the economy as a whole.

No one can forecast the economy with certainty.

JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously it’s a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.

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.

It’s good for America when the rest of the world grows, because you can sell more to the rest of the world.

It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.