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Tue, Mar 24, 2009

Aero-News: Quote of the Day (03.24.09)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"When I hear the constant vilification of corporate America, I personally don’t understand it. I would ask a lot of our folks in government to stop doing it because I think it's hurting our country."

Source: JPMorgan Chase CEO Jamie Dimon. With business aviation interest groups pushing back against this year's bizjet-bashing craze in Washington, it looks as though a big corporation is joining the movement. ABC News reports JPMorgan Chase is considering spending $138 million to buy new corporate jets and a hangar to house them, and keeping Washington's nose out of things by returning $25 billion in government bailout funds.

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