sovereignty, incredibly important. and so there s a dynamic amongst this remaining group that is both political and personal. and we don t yet know if they re sharing their strategy but that is often the case in the final hours where if one person sort of needs to take the lead politically and do something risky, they may do it knowing they have cover from someone else. for example, if flake has to vote no for his conscience perhaps but he doesn t want to be a conservative who tanks this nomination, he might try to have the friendship of a democrat across the aisle vote in his place. you know how that sort of math could work out. we don t have answers to this yet, but that s some of the pressure that s being brought to bear. and for your people magazine moment, amy schumer is a cousin of chuck schumer. there s a family connection there as well. it all comes back to six degrees of separation, eugene. kelly o. is talking about alaska. of course, having been a palin staffer, i know al
outfront 1, breaking news. america s biggest bank hosting an emergency call as its stock falls. why? jpmorgan is facing significant losses and says it took more risks than it should have. the losses to this point, the company says, to the tune of $3 billion. here s some of the things the ceo jamie diamond just said moments ago on the call. he said the trades were, quote, flawed, complex, poorly reviewed, poorly executed and poorly monitored. these were egregious mistakes and self-inflicted. just because we were stupid doesn t mean anyone else was. there were many errors, sloppiness and bad judgment. now, this adds to what the company released in a filing today, which is amazing. quote, this portfolio has proven to be riskier, more volatile and less effective as an economic hedge than the firm previously believed. the portfolio in question, a portfolio of synthetic credit securities. i ll get to that in a moment. but this is bigger than jpmorgan. the wall street journal wrot