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for the nuts and bolts on this fias fiasco, it's the impact on the markets and your own investments. alison kosik joins us now. just what was this massive trading bet all about? before it went south? >> reporter: fredricka, what jpmorgan essentially did was made a big game am. they made risky bets and lost. the bets they made were to protect against possible losses on jpmorgan's other investments, but clearly they backfired and the bets produced losses of their own. how did this come out? it came out in a surprise conference call that ceo jamie diamond called for lamon called. shares...

Congressman kingston about the democrats as they try to stop this repeal and replacement. >> the democrats by the way aren't doing anything which is i think strange behavior, because obamacare is their baby and you wouldn't stand by and watch your babe be murdered or dismantled. >> so the aanalogy aside, should the democrats play some role in what's next for haeealth care i america? >> i think they should. they jumped up and down about republicans not -- medicaid in the way it was meant to under obamacare. they've talked about the fact that health care is important. i think they should play ba...