A Quote by Jamie Dimon

The term 'too big to fail' must be excised from our vocabulary. — © Jamie Dimon
The term 'too big to fail' must be excised from our vocabulary.
The term "too big to fail" must be excised from our vocabulary.
It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.
A backup plan means somewhere in my head, I think I might fail and that word is not in my vocabulary. Plus I'm too talented to fail.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
We're still under the weight of this impression that the ocean is too big to fail, that the planet is too big to fail.
Obama isn't just too big to fail. He's too big to know. Obama is so vital to the country and to the world, he must be kept out of the loop in order to save him from his failed presidency.
We must limit the perception that some institutions are either too big or too interconnected to fail.
As photographers, we have to find our own identity, our own voice, our own vocabulary. And my question all the time is whether this vocabulary is limited, like our own vocabulary that goes from A to Zed, or whether this vocabulary can carry on growing. And to me, I hope that it carries on growing.
My fantasy is to break up the big banks. I wish we would end 'too big to fail' in our banking system.
We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.
We must learn the lessons of the 2008 crash: no company should be able to become too big to fail.
We must not fail, individually, for if we fail, we fail twice - for ourselves and for those who could have been helped, if we had done our duty.
On Wednesday, July 19, the Council, having gleaned and discerned, released its official verdict: the fall of the tile bearing the letter "Z" constitutes the terrestrial manifestation of an empyrean Nollopian desire, that desire most surely being that the letter "Z" should be utterly excised--fully extirpated--absolutively heave-ho'ed from our communal vocabulary!
Terrorism, too, must be excised wherever it exists, which will take years, and which can't happen without the total commitment and the everyday involvement of the American people.
No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.
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