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Struck. that means if anyone goes down, whether it s through their own folly or big losses or because they were indicted, which would inevitably bring a bank down, that means they would take the entire financial system with it. so no department of justice is going to take a step that would result in that type of result. and that gives them this unfair advantage and we see that. we see them exercise that out in the scandal after scandal after scandal. if you know you re not going to be held accountable, why not try to grab as much profit as possible. you met with tim geithner and met with the president, all these important people. did washington really want to know what happened here, or did they want to appear to want to know what happened here? it was always about politics and substance. i actually never did meet either president bush or president obama although i did interact with the treasury secretaries. we were pushing for transparency, when we were pushing to try to, somethin ....
pitching a rare perfect game. boy, i ll bet he s a happy one waking up this morning. welcome to early start, i m ashleigh banfield. and i m zoraida sambolin. it is 5:00 a.m. in the east, let s get started. we can expect more graphic testimony when the jerry sandusky child sex abuse trial resumes a couple of hours from now. remaining accusers, three of them expected to tell the jury who the former penn state football coach allegedly did to them when they were children. in court three men testified in disturbing detail and in one case threats from sandusky. the trial is moving at a brisk pace. the prosecution is expected to wrap its case by tomorrow. cnn s susan candiotti is covering the proceedings, live from pennsylvania. reporter: good morning, zoraida. we expect to hear system from the three alleged remaining victims along with others, starting today and tomorrow. among the alleged accusers we believe we ll start hearing from includes someone who made allegation ....
Have incidents like this frimght from time to time. j.p. morgan mats girth this will not take them down. there is always this risk. that s what happened at bank in britain years ago. similarly a trader brought the bank down. this time it was more institutionalized. mr. dimon knew exactly what was going on. it is hard to say he was really hedging. what it does indicate is that we simply can not have these financial casinos where people like mr. dimon don t bank but gamble. you know, connected to our depositories. it s not a case for more regulation. his alibi doesn t work. this is going to happen from time to time if you are running a casino well the financial regulations begin to take effect in late july. not known yet if this would have had any difference. thank you both for being here. we appreciate it. you are welcome. you are welcome. ahead, stimulus waste keeps ....
Necessarily to go bring back some pork to their districts. they want to come to washington to try to create, once again, the opportunity this country has offered so many for decades and generations. shut down the bank. remember, that was john boehner that came in with a gang of seven to shut the bank down. that was back when congress when you could overdraw. unfortunately i came late to that party. cash in drawers, free stamps. now they re overdrawing the taxpayers. come on. guys, a couple weeks from now you ll have your ideas out. i hope you ll come back on. are you going to walk the walk? i promise you, paul, i won t make you feel uncomfortable anymore. are they not great sports? they re adorable. i m going to my side of the aisle. look who is here. where is he? ed thank you for coming. ....
Theater of politics versus some highstakes negotiations on policy. the republican complaint is they don t believe the language is strong enough. they still think you can have too big to fail. the taxpayers would still be on the hook, maybe if regulators think they have to shut a big bank down in the future. so why have all the votes when people seem to think if we just keep talking, we ll get there. because it s politics i know you ll be shocked to learn that goes on in washington. there s an outside game and an inside game. the democrats are lining up to go have a talk-a-thon on the senate floor. behind the scene, you ve had republicans and democrats negotiating on this measure for months. in the end, if you asked everybody, dana, you know this better than i do, does everybody expect there s going to be a bill? yes, they say. could be as many as 60 or 70 votes. we ll have to see. let s put the question to a man who helps with the vote counting on capitol hill. the number two dem ....