Jamie Dimon on todays JPMorgan conference call – "If you are not fearful, you’re crazy.":

Meredith Whitney: if you really believed that you’d beginning credit card lines, right?

Jamie Dimon: … we are buying slightly more risky assets and we’re growing our businesses everywhere so we’re not panicking. Credit card receivables are up. We are not pulling out of California . We’re still marketing. Obviously we try and modify what’s going on, but we are not going to say, yahoo this is over, extend credit liake we did without fear. If you are not fearful, you’re crazy.

And his company is doing well.