Stay updated with breaking news from Jpmorgan jaime. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
brian? thanks. i m brian sullivan at apple s $5 billion headquarters in cupertino. probably a new iphone, maybe a new tv product, a new watch. could there be surprises we don t know. a lot of questions we ll get answers in a moment. michelle going to be exciting. i m michelle caruso-cabrera at the alpha conference tyler mathisen is with me, too we have been speaking with important investors in the world. we are going to bring what they said coming up in the next two hours on power lunch. melissa, back to you let s check the markets and keep up on the rally stocks are mostly higher s&p 500 hitting record highs nasdaq has been digging in and out of record territory. the dow would be higher if it were not for mcdonald s. they are down 3% because they will report below consensus estimates. this cites, specifically, the storms harvey and irma we want to point out gold mman sachs up about 2% and apple holding steady as they kick off their event in cupertino let s get t ....
would solve all of this, the restoration of capital requirements, on one page, not 3,000 pages, not 10 pages, paragraph even, maybe two. instead of doing that, we have responded to this complex system with an even more complex regulatory response from a group of people who don even understand they are regulating and instead of giving them the one thing that everybody needs, don t gamble with other people s money, boys and girls. can you do that? they refuse to do that. once they put that rule in place the government is irrelevant. now i don t have any now i don t get to be in charge. i don t have to write anything. i m like oh. and am i surprised i m still talking about this in 2012? yes, i am. mike mayo is here. this place is chop a block. they forgot more about this than i know. let s get after the show starts right now. i love it, june wednesday afternoon. i m dylan ratigan. nice to see you. you have a preview, big dimon in the rough. i m appearing to discuss ....
i love it, june wednesday afternoon. i m dylan ratigan. nice to see you. you have a preview, big dimon in the rough. i m appearing to discuss recent loss necessary a portfolio held by jpmorgan. it created larger risks. we let a lot of people down. can t say we won t miss taste. we know we will make mistakes. we believe that this was isolated event. jpmorgan s ceo promising taking on excessive risk in the name of profits was an isolated event. you heard the sound. here s a sampling of our those that represent us. we pay them with our tax money. their response to mr. dimon. do you regret calling the efforts to require banks to hold more money, quote, un-american? bankers will always be ahead. you are giving them the information they are using to regulate. this transaction that you said morphed, what did it morph into, russian roulette? jpmorgan would have gone down and you have been out after job. it appears regulators simply can t understand why what s ha ....