In Davos, the Chairman and CEO of JP Morgan Chase disputes the idea that the banking industry was against financial reform.
In Davos, JP Morgan Chase's Chairman and CEO says that even his own company could and should be dissolved if it failed.
Robert Zoellick, president of the World Bank, says the U.S. unemployment rate can return to pre-recession levels.
Newmont Mining CEO Richard O'Brien says the bull market in gold will continue for some time to come.
Barney Frank says financial reform will systematically wipe out even the largest banks if they fail.
Former Natl. Economic Council Director Larry Summers says business confidence has improved because of the President's recovery plan.
Vikram Pandit says it's time for banks to change their business model to better serve customers.
Pespico CEO, Indra Nooyi talks in Davos about the economic recovery and the compnay's plans in Russia and India.
Facebook's first president Sean Parker says there's 'no compelling reason why they have to' have an IPO, but he's 'happy either way.'
Financier George Soros says that markets and regulators are imperfect and that U.S. and EU economies need to get used to it.
Sean Parker, co-founder of Napster, says that Spotify will redefine music ownership as mobile freedom.
Sean Parker, co-founder of Napster, says Google will not benefit from the network effect like Facebook and Twitter will.
Bank of America CEO Brian Moynihan says there is a jobs crisis, we need to put people back to work.
Greek Prime Minister George Papandreou says economic reforms have put the country on the right track.
Boeing Commercial Airplanes CEO Jim Albaugh says the company overstretched on technology, but still plans to deliver the 787 in Q3.
After the bombing of Moscow's Domodedovo airport, Russia's First Deputy Prime Minister says the country is committed to security.
Carlos Ghosn, CEO of Nissan and Renault says that oil is headed back over $100, justifying his move towards electric cars.
Barclays CEO Bob Diamond says big banks are necessary because corporate clients have complex needs.
Executives attending the World Economic Forum are optimistic about the job outlook for 2011, but agree we have a long way to go.
U.S. Chamber of Commerce President Tom Donohue says that companies are waiting for tax policy and health policy to be fixed before creating jobs.
Vestas Wind Systems CEO Ditlev Engel says he is cutting jobs in Europe, but expanding in the U.S. and China.
Kevin Kelly, CEO of executive recruiter Heidrick & Struggles says CEO's will start hiring, but won't replace all the lost jobs.
Economist Nouriel Roubini says it will take years for the U.S. unemployment rate to return to pre-recession levels.
Coca-Cola CEO Muhtar Kent says innovation will lead to more jobs and create a sustainable recovery.
Ben Verwaayen, CEO of Alcatel-Lucent says that green technology will be the next jobs revolution.
Final preparations are underway for the World Economic Forum, starting this week in Switzerland.
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