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we start the road map with j.p. morgan and restating their first quarter results in a number, 4.4 billion pretax for the trading loss and ceo jamie dimon put the whale issue behind the company. david has been on the call and has the latest. that continues by the way and the sixth straight day of losses as well talking about something continuing for the markets. may come to an end thanks in part to china gdp and keeps hopes of further stimulus alive and italy a two-notch down grade from moody s over night. and speculation about an amazon smartphone intense fiez. one analyst says don t bother given the costs and tough competition from apple. more on that in a bit. for the second quarter, of course, j.p. morgan chase earned $1.21 a share. a lot of items in there. it did compare to estimates far lower than that and pegging the london whale trading loss for the quarter, the second quarter at $4.4 billion at $1.6 billion first quarter loss to that as well. jamie dimon says th