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Based upon our performance. is it? this is what the rest of regular americans have to do. based on that statement, do you think dimon will go home with less in his pocket at the end of the year? >> it's going to come down to the kind of performance jp morgan has the rest of the year. what they're saying inside jp morgan in the second quarter is they're going to perform very well despite this loss. if jamie dimon put up the numbers like last year, $20 billion a profit, he'll end up with the $23 million he had in income. >> aren't we in the same place before when the financial crisis first hit a...

Numbers like last year, $20 billion a profit, he'll end up with the $23 million he had in income. >> aren't we in the same place before when the financial crisis first hit and we talked about all the lessons we would learn and the extraordinary hand wringing we did? aren't we really back deja vu all over again here? >> thank you, michael. you're absolutely right. nothing is going to change on wall street. bernie sanders is absolutely right. because the incentive system on wall street has not changed. bankers and traders on wall street are rewarded to take risks with other people's money. you s...

$2 billion or $3 billion loss. if jamie dimon puts up the kind of numbers he put up last year, which is something like $20 million of the profits, he'll end up with that same income. >> but aren't with we in the same position we were when the financial crisis first hit and we talked about all the lessons we would learn and all the hand wringing we did. aren't we really back, deja vu here again? >> thank you, michael, you're absolutely right. nothing is going to change on wall street. bernie sanders is absolutely right, because the incentive system on wall street has not changed. bankers and tr...

summer. ♪ it's hard to look like right at you baby ♪ but hear's my number. >> wow. well there's a surprising fact about the artist. "out front" next. the ceo gave us all quite a mental image today when he testified in front of the senate banking committee in washington about one of the largest bank in the united states has been open about hits multibillion trade losses. >> we generally are open kimono with the regulators and tell them what they want to know. >> open kimono, sure. but maybe he was open kimono about the things he knew about. but not about things he didn't. like how...

>> wow. well, there's a surprising fact about the artist, carly ray jepson. outfront, next. i'm erin burnett. welcome to "outfront." outfront tonight, jamie dime on opens his kimono. the ceo of jpmorgan chase gave us all quite a mental image when he testified in front of the senate banking committee in washington about whether the largest bank in the united states has been open about its multi billion dollar trade losses. >> we generally are open kimono with the regulators and tell them what they want to know. >> open kimono. sure, that sure sexes up that testimony in washington bu...