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Friday, November 13, 2009

No Bank Should be Considered too Big to Fail - Jamie Dimon, J.P. Morgan Chase CEO



"As Treasury Secretary Timothy Geithner recently put it, 'No financial system can operate efficiently if financial institutions and investors assume that government will protect them from the consequences of failure.' The term 'too big to fail' must be excised from our vocabulary.  - Jamie Dimon, J.P. Morgan Chase CEO WSJ

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