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well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. r a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the n ....
well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimond, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about th ....
good evening, everyone. i m erin burnett. outfront tonight, summer blues. depression set in early today, and it set in hard. there were only 80,000 jobs added in this country in june, and the 8.2% unemployment rate didn t budge. yep. the stock market plunged, politicians and analysts alike sounded like they were on the edge of a cliff. there s a lot of misery in america today. and these numbers understate what people are feeling, and the amount of pain which is occurring in middle class america. peter buickvar equity strategist tells outfront the jobs numbers are quote, pathetic. chief u.s. economist says another month, another sub par employment report. mitt romney had it right. there is a lot of pain in a lot places, but does all the doom and bloom add up? yes, the jobs numbers weren t great, but this is a glass we re choosing to see a little bit more half full. and most americans agree with us. a new cnn poll shows 60% of people are optimistic and think eco ....
and it set in hard. there were only 80,000 jobs added in this country in june, and the 8.2% unemployment rate didn t budge. yep. the stock market plunged, politicians and analysts alike sounded like they were on the edge of a cliff. there s a lot of misery in america today. and these numbers understate what people are feeling, and the amount of pain which is occurring in middle class america. peter buickvar equity strategist tells outfront the jobs numbers are quote, pathetic. chief u.s. economist says another month, another sub par employment report. mitt romney had it right. there is a lot of pain in a lot places, but does all the doom and glood at up? yes, the jobs numbers weren t great, but this is a glass we re choosing to see a little bit more half full. and most americans agree with us. a new cnn poll shows 60% of people are optimistic and think economic conditions next year will be good. one reason for this is housing. it s a little ironic, perhaps, beca ....
blues. depression set in early today, and it set in hard. there were only 80,000 jobs added in this country in june, and the 8.2% unemployment rate didn t budge. yep. the stock market plunged, politicians and analysts alike sounded like they were on the edge of a cliff. there s a lot of misery in america today. and these numbers understate what people are feeling, and the amount of pain which is occurring in middle class america. peter buickvar equity strategist tells outfront the jobs numbers are quote, pathetic. chief u.s. economist says another month, another sub par employment report. mitt romney had it right. there is a lot of pain in a lot places, but does all the doom and glood at up? yes, the jobs numbers weren t great, but this is a glass we re choosing to see a little bit more half full. and most americans agree with us. a new cnn poll shows 60% of people are optimistic and think economic conditions next year will be good. one reason for this is housin ....