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in the country this year. it spread overseas, rumors about it all day didn't happen until after the closing bell. there's the dow, down 2%. the big bank downgrades, including the biggest banks in europe, moody's saying that anybody with a lot of exposure to the credit markets, they were going to downgrade them. the banks one by one saying they disagree with the downgrades and some of the stocks are moving up a little bit. that's the bank part of it. banks are what pumps the oxygen through the financial system. when you have people worried talking about a slowing global economy, it ca...

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...

me maybe ♪ ♪ hey, i just met you >> 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 sex...

The question is, is it exactly what he is saying? and the reason i say that is because as this progresses, a lot of things change. a lot of things shift when we see the next clip, you will notice a big difference. >> bill: talking about the larry king clip? >> right. when they are talking about did this actually happen? you will notice an enormous amount of blinking. see how is he not blinking here. until he is asked a specific question then the blink rate goes up right there. >> bill: what does that mean again? >> high level of anxiety. the mind tries to keep up with the processing and the ey...