Americans should understand that 50%, or something like, of the kids in inner-city schools, often poor and often minority, don't graduate. And the ones that do don't necessarily have the skills to get a job. That is the biggest disgrace in this country.
From Jamie Dimon
Among those people not graduating, there might be a Steve Jobs or Barack Obama. We'll never know.
In the old days, you dealt with one regulator. Now it's five or six. You all should ask the question how American that is.
I'm very close to thinking the United States shouldn't be in Basel any more. I would not have agreed to rules that are blatantly anti-American. Our regulators should go there and say, 'If it's not in the interests of the United States, we're not doing it.'
Some things never change - there will be another crisis, and its impact will be felt by the financial markets.
People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.
I am not responsible for the financial crisis, I hate to tell you.
I am not interested when people refer to a quarter or this year because the way I look at a country is what are its prospects over the next 20-30 years, and India's are good.
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