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Jamie Dimon Biography

Jamie Dimon (/ˈdaɪmən/; born March 13, 1956) is an American business executive. He is chairman and CEO of JPMorgan Chase, the largest of the big four American banks, and previously served on the board of directors of the Federal Reserve Bank of New York. Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. He was also on Institutional Investor's lists of best CEOs in the All-America Executive Team surveys from 2008 through 2011.[not in citation given]

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Jamie Dimon Quotes

Acting like everyone who's been successful is bad and because you're rich you're bad, I don't understand it.

Acting, Bad, Like, Rich, Successful

I don't think you're going to have one bank. Big companies aren't going to give us all their business. So they can pick and choose - by product, by country, whatever. We have major competition across every product in every place we operate.

Across, Country, Giving, Operate, Think, Thinking

A democracy is a compromise by its nature. It's not a dictatorship.

Compromise, Democracy, Dictatorship, Nature

I am struck that so many of our leaders in the U. S. forget how strong our country can be.

Country, Forget, Leader, Strong

The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone. " I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?

Banks, Government, Hands, Say, Systemic, Thinking

Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.

Benefit, Build, Growth, Hands, Organization, Succeed

I've always been a. . . believer in good regulation.

Believer, Good, Regulation

Part of [Japanese companies] growing and expanding around the world is. . . going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.

Expanding, Help, Japan, Plus, Population, Thinking

My guess is the big Chinese banks will be in 100 countries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U. S. at some point. Whether they do or not, or if it's allowed or not, I don't know.

Allow, Country, Mean, Think, Thinking, World

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.

Crisis, Fault, Growing, Thinking, Way, Years

We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools need it more than most. It's our hometown; JPMorgan Chase banks a lot of people here. If you see the school, it works. Kids all getting jobs, they're smiling, they're proud of themselves. That's what we need to do in inner-city schools.

School, Kids, People, Jobs, Smiling, Jpmorgan

We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan. "

Companies, Invest, Japan, Looks, Say, World

Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That's always been true in American business.

Different, May, Investment, Sachs, Businesses

I hope the story of 2011 is that America gets its mojo back. You've got to remember that America has the best universities; it's got some of the best businesses. It's got an unbelievable work ethic, rule of law. The story of 2011 will be America blossoming again.

America, Law, Rule, Unbelievable, Work Ethic

I don't mind paying higher taxes, because I've done quite well and I'm blessed to live in this country.

Blessed, Country, Mind, Paying, Taxes

We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.

American, Gridlock, Issues, Resilient

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.

Bear, California, Definitely, Florida, People

I don't think you could have a banker serving in a major role in Washington in the next 10 years. I just don't think it's going to happen - it's just not politically feasible - so I don't spend much time thinking about it. Do I think I could do a good job? Maybe. It's possible.

Job, Jobs, Maybe, Thinking, Washington, Years

I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.

Amount, Believe, Economy, Foreign, Large, Years

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.

Chinese, Government, Know, Strong

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