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Transcripts For CNNW Erin Burnett OutFront 20120613

me maybe hey, i just met you wow. well, there s a surprising fact about the artist, carly ray jepson. outfront, next. i m erin burnett. welcome to outfront. outfront tonight, jamie dime on opens his kimono. the ceo of jpmorgan chase gave us all quite a mental image when he testified in front of the senate banking committee in washington about whether the largest bank in the united states has been open about its multi billion dollar trade losses. we generally are open kimono with the regulators and tell them what they want to know. open kimono. sure, that sure sexes up that testimony in washington but maybe he was open kimono about the things he knew about but not about things he didn t, like how the trade in question had morphed out of control. so this transaction that you said morphed, what did it morph into, russian roulette? it morphed into something i can t justify, that was just too risky for our company. he couldn t justify it. it was too risky. it s

Jamie dimonClaims he didn tTestimony addJpmorgan chaseCapitol hillHarry reid placing a bull s eye on republicansMitt romneyCarly ray jepsonOutfront tonightOpen kimonoErin burnettJamie dime onUnited statesDollar tradeSenate banking committeeOut of control

Detailed text transcripts for TV channel - FOXNEWS - 20110515:02:08:00

you are not aware they take profits? the supplies of oil in the future are lower prices rise they sell to the higher price and they profit. if they are wrong they lose. bill o reilly is saying they at low cost if they are wrong they have to suck up the entire losses it s not as if they could speculate and not put their assets at stake. if they get it wrong they lose and they lose big time. you can t put down a small margin. if i am betting i shouldn t have to put down almost nothing and take out a billion dollar trade. if the future markets are a problem why don t we ban the

Billo reillyBig timeDon tDollar tradeA billionA billion dollar

Detailed text transcripts for TV channel - CNN - 20101219:15:27:00

started trading between the russian ruble and the chinese yuan. instead of settling trades in dollars, a russian buyer can pay his own currency for these chinese widgets. the chinese seller gets paid in his own currency. why should you care what an exchange in moscow has decided to trade in? it s symbolic. the russians and chinese have declared war on the dollar. president putin and premier wen were pleased to announce that they were denouncing the dollar trade between their two nations. the chinese, of course, about $900 billion of u.s. debt. but beijing has been very clear that it wants to reduce its reliance on the dollar. puttin, for his part, has been putting for the euro to replace the dollar as the world s reserve currency. all this comes just a few months after the united nations released a controversial report saying that the dollar was an

Settling tradesChinese yuanDollar tradePresident putinPremier wen900 billion00 billionReserve currencyUnited nations

Detailed text transcripts for TV channel - CNN - 20101219:18:27:00

it s usually been in dollars. that is changing. the almighty dollar is looking a little less almighty. on wednesday, marked by bell ringing and confetti, the moscow interbank currency exchange started trading between the russian ruble and the chinese yuan. instead of settling trades in dollars, a russian buyer can pay his own currency for these chinese widgets. the chinese seller gets paid in his own currency. why should you care what an exchange in moscow has decided to trade in? it s symbolic. the russians and chinese have declared war on the dollar. president putin and premier wen were pleased to announce that they were renouncing the dollar trade between their two nations. the chinese, of course, about $900 billion of u.s. debt. but beijing has been very clear that it wants to reduce its reliance on the dollar. putin, for his part, has been

On wednesdayAlmighty dollarMoscow interbank currency exchangeSettling tradesChinese yuanPresident putinPremier wenDollar trade00 billion900 billion

Detailed text transcripts for TV channel - DW - 20180801:00:57:30

Detailed text transcripts for TV channel - DW - 20180801:00:57:30
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