Jamie Dimon Quotes & Sayings (Page 3)

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

“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.”

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

“Capping the size of American banks won't eliminate the needs of big businesses; it will force them to turn to foreign banks that won't face the same restrictions.”

“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.”

“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.”

“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.”

“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.”

“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.”