Well-known and much-admired banker and CEO of JPMorgan (NYSE:JPM) was at the CNBC host Andrew Ross Sorkin's DealBook Conference to share his views about the fiscal cliff. He thinks it would very irresponsible to go over the fiscal cliff. He denied claims made by many people that nothing will happen if the U.S. goes over the fiscal cliff. He said there will be lot of problems if the fiscal cliff is not resolved.
His advice to the congress: "We are one decision away from restoring our fiscal and moral authority around the world; let's just do it."
Credit and source: CNBC, www.cnbc.com
Here is the video:
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