Jamie Dimon

VIDEO: JPMorgan CEO: 'We Have Crises Every Five Or Ten Years' -- So No Biggie

Zachary Roth | January 13, 2010, 3:11PM

JPMorgan CEO Jamie Dimon

The banking crisis that nearly triggered the collapse of the U.S. financial sector in 2008 and continues to cause after-shocks around the world was a routine occurrence, the head of one of the investment banks that helped cause it suggested today.

Here's what Jamie Dimon, CEO of bailout beneficiary JPMorgan Chase, said during testimony before the Washington commission that's probing the causes of the crisis:

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