Page 129 - Aig News Today

I raised several million for myself but i raised several million for my opponent. the republican who ran against me announced he filed his sc forms. until the primary in september, for about a year, they only raised thousands of dollars. as soon as he was a nominee against me, he raised several million dollars in six weeks, couldnt keep track of it. yes, the volker rule is enforced. and i believe that we have the rules in there -- we have the one that would allow what jp morgan chase did to make...

A week ago after the j.p. morgan screw-up he amended that to say it should be repealed and replaced. that is in the latest of what i call a series of remits. a remit is when romney has to change his position because hes in a different political place. as we talk now, as of a week ago, the republicans put it through the committee, of which im now a minority leader, that would have removed any regulation over the type of trade that jp morgan was engaged in at all, whether it was done by a bank or ...

wired. >> thats okay because theres lots of news this morning. >> up first this morning, heads about to roll. at jp morgan chase. according to bloomberg, the firms entire london staff could be dismissed. the banking giant also expected to accept the resignation of this woman, ina drew. pulling down a salary of over $15 million a year. drew and two other company executives being held accountable for a stunning $2 billion loss. ceo jamie dimon doing damage control on sunday talk shows is...

people who will buy it before it goes public. high net worth retail investors, you know, relatively rich people who trade often. and then theres everybody else, the average joe retail investor. thats likely most of you out there. starting with ned i want to go one at a time. ned, good to see you, my friend. well talk later about whether one should or shouldnt buy this. what do you think a retail investor who gets on to their trading platform at 9:00 on friday will be likely to pay for ...

Respect. we need to analyze this carefully. the analysis, they have 380 billion dollars of equity capital that they had a 2 billion dollar risk. now, last time i went to med school and that was a long time ago, that is basically pennies on a whole bunch of dollars. number one. theyre in the risk business. they werent risking the cds or borrowed money, its their equity capital. stay the hell out of it. its insane. consumers, if it boiled up because we overregulated the prices would go up for cred...

Or whatever the stock slides. the company has problems. isnt that enough punishment? >> absolutely, brenda. you know, im flabbergasted at some of the things ive heard, not to mention what chris said. oh, my gosh, people are worried. and i asked my wife about this, did you hear jp morgan lost 2 billion dollars and she goes, yeah, so? right, right, how is it going to affect her and us? its not. theyre running a business, they made a mistake, whatever, so what? so maybe it cost them the company. th...

from turkey. >> reporter: fredricka, the syrian government held state funerals for some of the more than 50 victims from a massive bombing that took place thursday at the capital of damascus outside the headquarters of one of syrias intelligence and security department. now, a shadowy group that identifies itself claims responsibility for the blast in a web posting. they previously claimed responsibility for other large explosions in syria. meanwhile the syrian government has claimed t...

collaborative fund, an early facebook investor. all right. so there are four kinds of investors viewing for a cut of this ipo. early stage investors like craig, they got involved a long time ago. institutional investors, the people who will buy it before it goes public, high net worth retail investors, relatively rich people who trade often, and then theres everybody else, the average joe retail investor. thats likely most of you out there. starting with ned i want to go one at a time....

These are people who are paying their mortgages, doing the right thing, and they are trying to make a smart financial move and they are told "no." >>shepard: banking giant j.p. morgan chase is under federal review after huge bets went horribly wrong and j.p. morgan chase reported yesterday before the fox report a loss of $2 billion, the biggest bank in the country and the c.e.o. calls the loss "egregious and self inflicted," due to the same kind of risky trades that brought down a.i.g. you hear ...

egyptian desert. a world war ii fighter plane almost perfectly preserved. im wolf blitzer. youre in "the situation room." -- captions by vitac -- www.vitac.com >> were getting new details from a news conference that has just begun. a dramatic case in mississippi and lets go live to jackson, mississippi. >> the department of wild life, fisheries and parks and special agents response team conducting searches of the area, thoroughly combing heavily wooded areas. it was the diligent effort...