Protection from moscow. Adam you may be better off asking somebody at the securities and Exchange Commission elizabeth no wiki on the new report that says sec regulators are benefiting by trading on inside information. Right now bitcoin bombshell, one of the Digital Currencys Biggest Online exchanges has filed for bankruptcy protection, jo lin king and has been all over the story and joins us with the latest blow to bitcoin. All was unfolding and looks like serious drama. We lost half a billion dollars worth of bitcoin due to unauthorized hacking into its faulty Computer System after declaring bankruptcy today, hed vowed that apology at the Justice Ministry in tokyo. The standard in public apology in japan. 750,000 bitcoins were stolen but we learned about 63. 6 million in outstanding debt is what mount gox is dealing with. We are dealing with the Digital Currency you can buy and trade in a variety of nonregulated independent legal exchanges around world and here are three things you n
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it was at least in a liquid condition. can you explain that? citigroup had a wholesale funding structure. what wachovia had was a fairly decent resale franchise. baggage would have gone along with it. the thought was to be able to incorporate the to to stabilize some of the funding structure. 27 of the the radiators to to get away, we meant that you were supposed to dump it out and not continue the consumption at the regulation stages for the that is a question we would be concerned about. we were really/treasury making a decision. i think it was outside the bounds. i think i said that. yes, you did. thank you very much. we will come back here at 12:25. we are a little behind schedule. we are close enough to catch up. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2010] thank you very much. i am the chief risk officer of jpmorgan chase and have served in that role since i began working in the bank of dece