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Tag Archives: JP Morgan

CEO Says Taxpayers Aren’t on the Hook Anymore

In a letter to shareholders, JPMorgan Chase CEO Jamie Dimon made the statement that the days of “too big to fail” are over and that taxpayers will no longer pay for a bailout should a major financial institution collapse. This is because of a stronger regulatory environment, more liquidity, and higher capital levels, Dimon said. He also covered tech, immigration issues, and other issues in his letter, and participated in a town hall event on Tuesday.

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