sophisticated, complex things. at the end of the day that s our job. invest that portfolio wisely and intelligently over a long period of time to earn income and to offset other exposures we have. well, here he is last night when it turned out that tempest was anything but. these were egregious mistakes, self-inflicted. we re accountable and what happened violates our own standards and principles how we want to operate the company. this is not how we want to run a business. the total about-face scared investors. the bottom line, jamie dimon that doesn t b.s., swears a lot, known for telling it like it is. in no small part because of that his bank was the only american bank to emerge from the financial crisis stronger than ever before. assets have grown 45% at jp morgan from the precrisis level. that s right. they re bigger than ever. $2.3 trillion. newsweek called him the banker who saved wall street september 2009. the new york times magazine cover of december 2007
banks down. the boss, america s most well-known banker was taken by surprise. here s jamie dimon one month ago responding to investor questions about bad trades and his risk management unit. it s is a complete tempest in a teapot. sophisticated, complex things. at the end of the day that s our job. invest that portfolio wisely and intelligently over a long period of time to earn income and to offset other exposures we have. well, here he is last night when it turned out that tempest was anything but. these were egregious mistakes, self-inflicted. we re accountable and what happened violates our own standards and principles how we want to operate the company. this is not how we want to run a business. the total about-face scared investors. the bottom line, jamie dimon that doesn t b.s., swears a lot, known for telling it like it is. in no small part because of that his bank was the only american bank to emerge from the financial crisis stronger than ever before. assets
the fallout swept around the world today from america s biggest banks, multibillion dollar loss on risky trades. in washington, senator carl levin held a conference call with reporters about jpmorgan s shocking trading losses which could be up to $3 billion and the credit rating agency fitch slapped jp morgan with a drowngrade citing reputational risk. stocks plunged taking other banks down. the boss, america s most well-known banker was taken by surprise. here s jamie dimon one month ago responding to investor questions about bad trades and his risk management unit. it s is a complete tempest in a teapot. sophisticated, complex things. at the end of the day that s our job. invest that portfolio wisely and intelligently over a long period of time to earn income and to offset other exposures we have. well, here he is last night when it turned out that tempest was anything but. these were egregious mistakes, self-inflicted. we re accountable and what happened violates our
son. tonight, she comes outfront. good evening, everyone. i m erin burnett. outfront tonight, warning signs ignored. the fallout swept around the world today from america s biggest banks, multibillion dollar loss on risky trades. in washington, senator carl levin held a conference call with reporters about jpmorgan s shocking trading losses which could be up to $3 billion and the credit rating agency fitch slapped jp morgan with a drowngrade citing reputational risk. stocks plunged taking other banks down. the boss, america s most well-known banker was taken by surprise. here s jamie dimon one month ago responding to investor questions about bad trades and his risk management unit. it s is a complete tempest in a teapot. sophisticated, complex things. at the end of the day that s our job. invest that portfolio wisely and intelligently over a long period of time to earn income and to offset other exposures we have. well, here he is last night when it turned out that te
why he would have done this? i have no idea at all. and have you talked to your sister since she s been in custody, since she s been charged? no, they have not allowed her to have any phone calls. what are your thoughts on what your sister s been charged with? it s unreal. unreal, because my sister does not have the mental state. i mean, she has the mind like a 10-year-old. i m not defending her. she needs to stand accountable for her actions. but they need to do the whole investigation needs to be done. what kind of guy i mean, your sister is reported to have said that she feared for her life. what kind of guy was adam mayes? aggressive. abusive. crazy, obviously. did you ever suspect he was capable of something like this? no. and i have known him for 25-plus years. never dreamed he would do this. what was his relationship to these girls? again, that s not something that i can even answer. my sister has stated that she felt the two youngest girls