Occupation: Business Person Birth: March 13, 1956
Just because we're stupid doesn't mean everybody else was..
If you talk to anyone involved in business - forget banks and big business - talk to small businesses - do it yourself, don't ask me - they'll tell y….
I've always wanted to help build a better society and build a better company, and I always wanted a healthy, vibrant company, a healthy, vibrant soci….
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..
Companies that build scale for the benefit of their customers and shareholders more often succeed over time..
They have a policy in China for their big companies called "Go abroad." It's a rational thing for both the company and the country to say, "We want b….
It's hard in all countries. Democracy is hard, but it's better than the alternatives..
The economic union - creating a big common market, like the United States, so that you can compete across borders. There are common rules, regulation….
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 a….
I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties..
One of the issues with some of these lenders is going to be, where will their provider of credit be when there's a crisis? That's why some of these s….
Japan, Europe, [and] America probably [are] better than last year [2015], not China..
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..
I want Japan to think and say that we are better off for JPMorgan having been here through thick and thin..
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 m….
The government has the right to change laws and rules and regulations..
My daughter asked me when she came home from school, "What's the financial crisis?" and I said, it's something that happens every five to seven years..
We're going to do the right thing for the company and our customers, all things considered..
That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies..
As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the invest….
The toughest are people mistakes, when you put the wrong person in a job. Sometimes you're too slow to move them out. Or not getting the right people….