let s go to kelly o grady on why this is so different. kelly? well, great to see you, neil. yeah, when i woke up this morning and i heard that j.p. morgan chase had taken over first republic, it reminded of 2008 when you saw them take over bear stearns, when you saw them take over washington mutual. one of the key take-aways, the big bank banks keep getting bigger. j.p. morgan won out on a competitive bidding process. they re taking over all deposits. the bank will also make a 10.6 million payment to the fdic as part of this takeover. they were operating as usual today. the one that i m at, folks were coming in and out, checking their accounts. the president said he feels like the banking system is going to be okay. listen to this. regulators have taken action to facilitate the sale of first republic bank and ensure that all depositors are protected and the taxpayers are not on the hook. these actions are going to make sure that the banking system is safe and sounds. ma
times three. good news he s wearing the suit. who knows what could be on that after all the baby holding he s been doing. jesse, being a new dad is tough. jesse is going over the show with the producers. just the best way to disseminate important information in an efficient way, right? jesse s twins are excited to have a little sister. looks like jesse jr. is already chipping in. i think that s enough, jess. nope. that s good. she has a lot of goldfish. very good sharing. good sharing, jess. that was really nice. one more and we re done. oops. you missed. one more. give her one more. nice. good job. high-five. wow. giving up goldfish is a big deal. jesse, what s it like now you have little gigi in your life? it s great. i m not that tired. that s gigi. a little controversial. i ve been spelling the girl s name wrong. okay. is it g-i-g-i or capital g lowercase i capital g lowercase i? you have to tell us. i don t know. i don t know if she knows either. a ba