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Dheeraj Grover
Dheeraj Grover
Articles (493) 

JPMorgan CEO Jamie Dimon: It Would Be Irresponsible to Go Over the Fiscal Cliff

December 13, 2012 | About:

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

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About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 1.5/5 (4 votes)

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