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Detailed text transcripts for TV channel - MSNBC - 20120519:13:12:00

Just like a super markt. were like wall mart. we sell you polka dot dresses. >> thats the first thing that jamie dimon said on his phone call. one of which is that youre allowed to hedge at the portfolio level. the statute, and by the statute, i mean the law written into dodd-frank said that you can hedge an aggregate. hedging at the portfolio level is we add up all of the traders positions and try to define some hedge for them at a macro level. and that usually doesnt make sense, except in a co...
Jamie Dimon Phone Call Super Markt Polka Dot The Law Written Into Dodd Frank Jp Morgan Chase

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