Doing real and permanent good in the world. The kohlberg foundation. Independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. The clements foundation. Park foundation, dedicated to heightening Public Awareness of critical issues. The herb alpert foundation, supporting organizations Whose Mission is to promote compassion and creativity in our society. The bernard and audre rapoport foundation. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. You couldnt miss it here in manhattan the other day the big, bold headline across the front page of the tabloid New York Post screaming on
Philanthropy, and committed to doing real and permanent good in the world. The kohlberg foundation. Independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. The clements foundation. Park foundation, dedicated to heightening Public Awareness of critical issues. The herb alpert foundation, supporting organizations Whose Mission is to promote compassion and creativity in our society. The bernard and audre rapoport foundation. The john d. And catherine t. Macarthur foundation, committed to building a more just, verdant, and peaceful world. More information at macfound. Org. Anne gumowitz. The betsy and jesse fink foundation. The hkh foundation. Barbara g. Fleischman. And by our sole corporate sponsor, mutual of america, designing customized individual and Group Retirement products. Thats why were your retirement company. Welcome. You couldnt miss it here in manhattan the other day the big, bold headline across the front page of the tab
Jpmorgan chase is juggling. A 6 billion settlement with Institutional Investors is in the works and criminal charges may still be filed in california. The bank is under investigation on so many fronts its hard to keep them sorted out, everything from the deceptive sales in its credit card unit to Bernie Madoffs ponzi scheme to the criminal manipulation of Energy Markets and the bribing of chinese officials. Nor is Jpmorgan Chase the only culprit under scrutiny. Bank of america was found guilty just this week of civil fraud, and eight other banks are being investigated by the government for mortgage fraud. No wonder wall streets camp followers at fox news, the wall street journal, cnbc and other cheerleaders have ganged up to whitewash the banks. This could be the biggest egg yet across the smug face of unfettered, unchecked, unaccountable capitalism. Lets sort this out with someone who covers wall street without fear, favor or flaming headlines. Gretchen morgenson has been called the m
Agreeable to most of the parties at the table. But its not a killer number. The wall street journal and others are saying that what the government is doing is a witch hunt. Theyre shaking down jpmorgan. Theres no doubt that there was wrongdoing. They wouldnt be at the table negotiating if there was no wrongdoing. And its just a matter of what price each party is willing to pay or receive. So, a shakedown to me would seem that jpmorgan was innocent of any of the accusations. And we know that not to be true because of what has come out in the private litigation, because of what weve seen in the courts so far. Defenders of jpmorgan and of jamie dimon will say there were no criminal cases because there were no crimes. These guys were bending the rules just a little bit. Thats the way the game goes. Eric holder in fact has said that. You know, their behavior was amoral, their behavior as ugly, you know, but perhaps it wasnt criminal. Well, i dont know about you, bill, but i dont really have
Were also talking low snow for tomorrow morning. Snow levels could drop as low as 2,000 feet. Well let you know who could get a rain snow mix coming up a little later on in the weather forecast. Thanks, jeff. The new eastern span of the bay bridge is set to open by this labor day and transit officials want to throw a big party giving people a chance to walk on the bridge before it opens to vehicle traffic. The catch, that party is over budget and the agency wants to use your money to help pay for the party. Jodi hernandez is live at Treasure Island with more on this proposal. Reporter transit experts say the eastern span of the bay bridge will most certainly become a globally recognized icon of the bay area and its opening deserves a huge celebration. But the party theyre proposing, the price of the party theyre proposing is making some squeamish. Weve got the finish line in sight. Reporter and big plans are in place to celebrate the completion of the eastern span of the bay bridge. Th