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Detailed text transcripts for TV channel - FOXNEWS - 20120515:14:04:00

Hurts this bank always known since the financial crisis as the strongest, most solid with the best leadership through jamie dimon, but if they could suffer these losses trading in an area that is now about to be heavily regulated or at least congress will be discussing how to regulate that part of the banking industry, well then what would happen if these losses occurred when the market wasn t as stale as it is now. that becomes the question, and today is sort of like a reality show, bill. you re going to see a lot of people, a lot of shareholders walk into the attacha, florida area offices of j.p. morgan, where the shareholder meeting is being held, and you ll have a lot of big organizations like calpers or askme, the big late state and local municipal funds, they invest in j.p. morgan, they just lost 12 percent of their money. bill: that s a fair point. let me get back to the politics of regulation, but taxpayers are not on the hook, right? if you own stock in the company, that s j ....

Jamie Dimon , Banking Industry , Wasn T , Bill Hemmer , Reality Show , Jp Morgan , Shareholder Meeting , Florida Area Offices ,