Davos 2013: Heard in Davos

By Bloomberg Briefs - 2013-01-25T17:28:51Z

Photograph by Jason Alden/Bloomberg

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Jamie Dimon

On shadow banking:

Money market funds and investors forming the so-called shadow banking sector should be allowed to pursue their business as they provide a necessary service. "It's a free market. You're entitled to build a business and I agree that there are a lot of needs out there and people should find ways to fill them."

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