12/12/2011
https://www.congress.gov...
"If it is too risky for your company, what stops it from being in the future too risky where you lose not $2 to $4 billion but $50 billion, create a size that ultimately creates a risk on the bank that..."
"JPMorgan Chase strongly supports the Basel III capital requirements, and we believe that they will bring additional stability to the financial system."
"I think about the fortress balance sheet you talk about, and I would like to remind you that fortress balance sheet has a moat that was dug by taxpayers to the tune of $25 billion in bailout money and..."
"I also think that the American people, after making major investments in your bank and other institutions, are entitled to ensure that they do not have to reach into their pocket again."