Page 14 - Lance Bell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 j...

>> as of today, morgan stanley -- yes, i understand it's ironic banks making estimates about banks and what they're doing or not doing. anyway, analysts there estimate the so-called libor rate manipulation scandal could cost banks $14 billion. that's fines and fees on the banks. you say great, they should pay it, those jerks. here's what it means, $14 million less for those banks to lend, which will hurt the rest of us. banks are crucial for our economy. we need them to thrive. they have become so big that they seem to control our fate. just yesterday on this show, dan gross, the eco...

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...