bank corp. responded. bank of the west, jpmorgan partnered with u.s. bank. each offered a one year or three year term, with fees ranging from 45 to 100 basis points. each offered liquidity or a letter of credit -- credit. we were able to negotiate with wells fargo bank for a lower basis point on fees, but wells fargo had the most changes to their authority. we were able to negotiate fees down. they have the highest credit rating amongst the six banks. with the letter of credit, wells fargo bank's would be responsible to pay for interest and principles on the investment holders. with a lot of credit that is an investment, the investors would be looking to the authority to pay when the commercial paper rolls come due. we are also providing enclosures to the item. the letter of credit reimbursement agreement was reinstated and include in the item in update. with that, i am looking to reaffirm the executive director authorization to substitute the commercial paper program, allowing the authority to amend and update the associated documents with commercial paper

bank corp, bb &t. i'm hear bbva may try to sell come pus. literally because of housing coming back, we're seeing domestic banks doing well. we focus on these their do well international banks and don't talk about wells fargo with 30% of the mortgage market. we don't talk about the winners. we just talk about the losers. >> we do mention it all the time. wells fargo. >> if you're a believer that stock market is going to have a rand, it is the morgan stanley's and goldman sacks over the world -- you risk downsides also. >> i'm just talking about that there has been underneath a remarkable move in some of these bank stocks. bb &t has been a huge win for people. mr. king comes on and no one even pays attention. what he's done is remarkable in this environment. wells fargo -- if you try to get a loan in the city, it's either wells or some bank you never heard of. that's the same thing in philadelphia. wells is lending and lending and lending. they're solving the problem with bad loans. i think shaun donovan, say let's give the whole problem to wel

bank corp., a stock that continues to trade around a 52-week high while the rest flounder. >> i was going to bring that up next, kramer was talking about that on "squawk on the street." he likes u.s. bank and it would be the one he'd take now. >> jimmy is the man. pounding on wells fargo. i'd listen to jim cramer before me. >> if you want activity and more upside, wells fargo or u.s. bank at this point in time, obviously been jpmorgan, not just talking about conviction buy. i'm talking when everybody loved it at $44 a share, everybody absolutely praising jamie dimon. he came out and told us, look, we're only going to buy to a certain level. that tells me that's the top. since that point, a trading issue, $2 billion, whatever the number ends up being, that reflected in numbers from goldman sachs today. the stock tumbled down towards 32. everybody jumped off the ship. i like jpmorgan down here at these levels. i don't think 36 is the top, 46 or 42 soon, a lot more potential upside in the near term than wells fargo. >> why rebut that. makes a compelling case, enough conviction as to why he l

i'm in there adding to texas capital bank corp. real pressure jpmorgan came on the announcement, the 21st, suspending the $15 billion share buyback program. that's now ended. >> andrew, many who hoped jamie dimon would come through swinging in order to push back on the inevitable pressure for more regulation. where do you think we stand on that. at one point the regulators he felt should disseminate practices throughout banks like his own. >> i didn't see a punch get landed on this issue. i thought he spoke pretty articulately on these issues, specifically on the volcker rule it wasn't clear to me you got a lot of push back. it was surprising whether democrat or republican, very little pushback. the other thought or point i wanted to make because i hear you talking about it, this idea of how people are valuing jpmorgan in the marketplace. seems to be two issues here. how shareholders and the world -- investors are looking at jpmorgan and larger sort of public policy issues. my question actually for the guys on the floor right now i

so subsequently, on april 1st, mcclellan directed banks to resemble the corp into the valley, drive jackson back, and then assume a position that will enable you, quote, to prevent his return. well, after kernstown, lincoln was also concerned about the safety of washington, so he examined the capital defenses more closely than when mcclellan made that original promise. lincoln realized mcclellan had hoodwinked him. not only was banks now 75 miles west of washington, but also to make matters worse, when mcclellan was calculating the strength of this covering force, he double counted one of banks' brigades. when the president became aware of this situation, he was justly indignant. so on april 3rd, lincoln clipped mcclellan's wings. he countermanned that order from mcdowell's 32,000 man corp at fredericksberg to embark for the peninsula and join mclegal lan, and instead, he elevate ed mcdowell to command a new department, with headquarters at frederiksberg. mcdowell would be answerable only to the president as secretary of war, and would assume the role in protecting washington that mcclellan

we bank corp's in 20 countries around the world. our main mission is serving as clients, investors, small businesses, and consumers. that is what we do. >> i want all good things to happen. but would you not be serving as clients better -- and you have done an adequate job -- would not be spending them -- serving them better if you spend less time figuring out all these mathematical formulas and if i deleted the investment -- if -- evaluated the investment a lot clearer? >> in this case, yes. >> so why should we apply that to the whole program? i am raising the question on what is the purpose of hedging. if your right, you win. if you are wrong, the system loses. there is nothing more importance than that confidence. -- important than that confidence. >> mr. fitzpatrick. >> thank you, mr. chairman. much of the discussion regarding jpmorgan's trading loss has been focused on whether the activity in question would have been prohibited if the so-called for coral -- volcker rule had been in effect. what is your opinion? >> i do not know

we will hear from officials with the peace corps, interamerican development bank and a speech writer in the clinton administrati administration. >> she best known for being deputy director of the peace which he served since 2010. she worked in the field of public health specializing in hiv and aids and maternal and child health and a number of other philanthropic and altruistic endeavors. to her left is director of the national security network as a nonprofit organization. she also served as speech writer to president clinton and former secretaries of state madeline all bright and christopher warren. to her left is judith morrison who is senior adviser in the genter and diversity division at interamerican development bank and works on development in latin america. she preefg served as regional director for south america and the caribbean at the interamerican foundation and worked at several think tanks including the interamerican dialogue. what will happen now is each will speak for about ten minutes starting with carrie and then heather and then judith and we will open it up to ques

david faber's interview of rupert murdoch about the splitting of news corp. banks hit with a wave of cuts and airbus to alabama. it is a busy, busy news day. we start with sue at the new york stock exchange and the big drop for stocks. sue? >> indeed, ty. thanks very much. you know, when i got down here at the new york stock exchange, i started to walk around and talk to traders about the supreme court decision this morning. a lot of people are confused, people surprised and now wondering what's going to happen as we get closer to the election. stocks right now down about 129 points as you mentioned on the dow jones industrial average. the s&p right now is down about 13.75. the nasdaq down about 43 points on the day. a huge selloff for gold and we have seen that volatility in the past couple of weeks. it continues. down 26 bucks on gold. in terms of the 10-year note, we saw a flight to quality pushing the yield down to 1.575%. kenny is the managing director of icap down here on the floor. you made an interesting point about the fact that people are -- they're confu

late trade after its board unanimously approved splitting the mega corp into separate publishing and entertainment arms. >>> british bank barclays will pay $453 million in fines after admitting it manipulated key interest rates to benefit its own bottom line leading up to the financial crisis. >>> court documents show bernard madoff's brother is set to plead guilty and serve ten years in prison for his role in the multi-billion-dollar ponzi scheme. >>> european plane maker airbus is reportedly set to build its first u.s. assembly line in mobile, alabama. >>> google launched a new tablet computer yesterday. the nexus 7 features a seven-inch screen and carries a $199 price tag. >>> and if you're in the market for a wedding band, here's a unique albeit cynical idea. okay. the titanium anti-cheating ring leaves an imprint "i'm married" on your ring finger just in case your betrothed is tempted to slip it off, but, ladies, if your man needs this ring, you may already have a problem. >>> coming, up the mets slug the cubs and the rangers bash the tigers. >>> plus, one angel takes flight and makes a home run-robbing catch. your

bank of america. dndn. dender in corp ration. eep.idge energy partners, and at&t. >> lisa, if she had identified dendrion as her spec play, i might have allowed it given merck is a pharmaceutical. she didn't say spec, so i'll take it out, i'll take a it out and recommend she put in, let's see. what did we -- what are we missing? we can own a tech and apple. why don't we put in apple. charitable trust name. stack going higher. pipeline company, bank, telco, and two drug companies. now it's diversified. nice yield, good play. three good yielders and two non, i say stick with cramer. [ male announcer ] this is the at&t network. a living, breathing intelligence helping business, do more business. in here, opportunities are created and protected. gonna need more wool! demand is instantly recognized and securely acted on across the company. around the world. turning a new trend, into a global phenomenon. it's the at&t network -- securing a world of new opportunities. ♪ what ? customers didn't like it. so why do banks do it ? hello ? hello ?

the bottom three are the triangle of tragedy, city corp, bank of america and you look at their stocks and stock market on an absolute basis. can you draw the triangle of tragedy from park avenue citigroup's to times square, morgan stanley. but those are the management teams and ceos that should be held more accountable. last time we were on we talked about citigroup. you still haven't heard an answer from citigroup -- >> is that the mention column you should have here, compensation? >> last decade citigroup ceos got paid more than anyone bank and they made the worst investments anywhere. >> i know you love that triangle of tragedy, don't you? >> i love the triangle of tragedy and i don't think that jpmorgan is part of that triangle. i have one dimon related question. you talked about whether he was complacent and whether he relied on bad information. i'm curious of your view of this, i think he's repeatedly going to say i was complacent. i key pended and trusted on people i shouldn't have and it was my fault. and on many levels, it was his fault. he had not done all his homework and

banking rules. could that help end the euro- zone crisis? >> susie: and breaking up may not be so hard to do. news corp is the latest company to consider splitting itself into different companies. >> tom: that and more tonight on nbr! >> tom: for the first time in seven months, home prices across the nation showed month-to month gains. the s&p/case-shiller 20-city housing index increased 1.3% in april from march. only detroit posted a decline, with prices there falling 2.1%. prices in all the cities were still down from a year ago, though. suzanne pratt explores what the latest data suggests about housing. >> reporter: this stunning soho penthouse has been on the market for three months. it's priced at an equally stunning $4.75 million. with its wraparound terrace and loft sophistication, listing agent heather mcdonough thinks it will sell. that's because, in new york city right now, supply is tight. >> with not a lot of inventory, it's starting to create a shift in the market from a buyers market to a seller's market. so we're seeing upward pressure on pricing. >> reporter: manhattan's strength is a b

it's got not any of the accesses from the other countries in europe, the german banks, otherwise, it's not there. the corp -- currency is super competitive and helping them out in productivity, and that's optimistic. relative to expectations with the u.s., the u.s. as it grows from 1950 to 2007 was 3.5%. we don't get back 20 that because -- to that because indebtedness here is too high, but japanese are 1% as well because of the facts i just pointed out because of technology and more open society and cheap exchange rates. last question, and i've taken into account political leadership and nigeria, and i write a book because the predictability is so, so limited. nobody sees them coming in any which way. hard to forecast economics and political regime. i talk about politics in the book how the average life of a political leader at the top is seven to eight years, and we begin to make mistakes after that, and that goes into that, but it's the geopolitical fog tore, and there's such discontinuous events to forecast them and that's really difficult. >> germany versus u.s., i have no in and out germany comes ou

corps districts. many regulatory customers use the tool to assess their potential mitigation requirements for their impact site as well as credits required at mitigation banks. this transparency in corps mitigation requirements has helped the applicant prepare a complete application package and determine mitigation costs up front. suspension of the use of the charleston method in corps districts would require that any pending permit application, section 404 of the clean water act, impending med m.i.t. gation banks would instead to be re-evaluated using a different saysment tool methodology or in the absence of is up -- of such use better best professional judgment to determine appropriation mitigation requirements for impacts and for available credits in mitigation. banks obviously encompassing a great deal of delay. all approved mitigation banks with available credits that were determined by the charleston method would be temporarily closed until a new methodology could be developed and the bank credits converted to the credit system of a new methodology. these banks will establish utilizing the credit system of the charleston method. a similar credit syst

rupert murdoch's news corp rose after the board approved splitting it into separate publishing and entertainment arms. >>> british bank, barclays, will pay $453 million in fines after admitting they manipulated key interest rates to benefit the bottom line leading up to the financial crisis >>> court documents schober nard madoff's brother is set to plead guilty and serve ten years in prison for his role in the multibillion dollar ponzi scheme >>> airbus is set to build its first u.s. assembly line in mobile alabama. >>> google launched a new tablet computer, the nexus 7 features a seven-inch screen and carries a $199 price tag. >>> are you in the market for a wedding band? here is a unique, albeit cynical idea. the tie tantanium anti-cheating leaves an imprakt, i'm married on your ring finger just in case your betrothed is tempted to tank it off. >>> in health news, the food and drug administration has approved the first new prescription drug for long-term weight loss in over a decade. it is sold under the name bell vchl bellvic. it works to help a person feel full after eating smaller amounts of food. >>> check out

corp. serve two years of record profits and $2 trillion in the bank. banks have $1.6 trillion sitting in the bank. they're not lending. continue to shrink their way out of this. if we create jobs and grow your way out of this revenue increases and you don't have to worry about cutting down. you have to worry about investing in the future with your readers education for our children that need an education, converting bad judge in to good jobs. i came out of the coal mining jobs were bad jobs before we had unions and other workers were bad jobs. steelworkers were bad jobs. we made them good jobs with collective bargaining. [applause] >> come up with an economic agenda and keep people on it. don't let them digress into deficit nonsense that the only way to go forward is to keep cutting benefits and eating seed corn, forcing people to invest in infrastructure, forcing them to invest in job-creating green jobs that will save energy and give us a better future. those of the tickets forward and that is the way we grow and create an economy that gives every ki

bank of the james river opposite downtown richmond. lee's army was evacuating the capital and alexander who commanded the artillery of james longstreet's first corps had just watched the last of his batteries cross the bridge. we turn to take a last look at the old city for which we fought so long and so hard. remembered alexander. of the it was a sad, a terrible and a solemn sight. i don't know any moment in the whole war impressed me more deeply with all its stern realities than this. the whole riverfront seemed to be in flames amid which occasional heavy explosions were heard and the black smoke spreading and hanging over the city seemed to be full of dreadful portents. i rode on with a distinctly heavy heart and with a peculiar sort of feeling of orphanage. i don't know of any passage written by anyone who served in the army in northern virginia that captures the essence of the connection between the men and that institution and their commander better than that passage from porter alexander. critics of military history often question the need to dismiss what they deem as drums and bugle topics. people in noon academic world likely would be sur

corp. ration. >>> jamie dimon testifying to congress about his bank's multibillion dollar trading loss. jamie dimon apologized to the senate committee but also pointed out that no client, customer, or taxpayer money was affected. he says some chase executives may have their pay taken back. >>> the buffalo news reports police are searching for a surgeon suspected of fatally shooting his ex-girlfriend at a buffalo hospital. police say the victim, jackie wisniewsky, told friends that dr. timothy jordan had abused her and was stalking her. >>> and san francisco has a serious problem with pan handlers. the san francisco chronicler is now paying people to this national weather report sponsored by big lots. big savings. >>> john edwards isff >>> jaefrds is john edwards is off the hook for good after prosecutors decide not to try him again on campaign fraud charges. >>> this morning, we'll ask if the case has damaged the department of justice and see what's next for the former >>> and casey martin overcame a severe leg problem to play in the u.s. open. now 14 years later, he's in the field agai

the irony is of course that had people corps rule then in effect, banks would have even more exposure to the housing bubble. risk is not like to -- created or destroyed, it is transferred. i feel the push for more regulation and our economy represents a continued misunderstanding of our banking system and the roots of our financial crisis. that this misunderstanding is by itself a great risk to our financial system and economy as we move forward with that said, during your testimony at the senate, he said we do not know who has jurisdiction over all the issues we deal with any more. did congress miss an opportunity to simplify our regulatory structure? >> it would have been my preference that we simplify it. >> howdy respond with those who cite the recent trading losses that the bank is too large to manage? >> there are huge benefits to size. you see them in terms of diversification. the benefit of science has to go to clients. there are some negatives to size. the company has done a good job for the clients and shareholders. we are helping a lot of american corporations travel around

corps and san. am i diversified? [ buzzer ] >> let's take a look. i do tire of this one but it pays a dividend now. that's a bank.tal, real estate investment trust, financial. under armour, apparel. apple is tech. we have airline, tech, apparel. i will bless that portfolio as divert identified. steven in california. >> caller: after watching your show all these years let's see if i have learned anything. att, bristol-myers, disney, kindermorgan partners, and wells fargo. >> i think this gentleman learned a great deal. he has a very particular set of skills at being diversified. disney, action owners charitable trust name. bristol-myers. kinder/morgan is a national partnership. terrific. at&t, one of the highest yielding stocks in the dow and wells fargo, maybe the best run bank. we have a bank, telco, entertainment, pharmaceutical and limited partnership. i say bingo. bingo. fabulous. good luck. al in new jersey, please. >> caller: hey, jim. a big doubleç boo-yah. a high school grad. formerly from new jersey and a big jersey shore boo-yah to you. >> a hill topper, softball, hardball, baseball, everything we love

corps. >> right. that's a good analogy. the trajectory of wamu is such that it was incredible how they transitioned from a bank and the -- in 15 years, you would go into a branch, speak to someone, to this gee began particular clearing-house that was just sucking in mortgages and spitting them out. the customer was somewhere over there like trying to get someone on the phone and, you know, it was just a complete transition. >> again, congrats. again, special book of -- not just because of the tale but because it is rare you get a true peek with the intimacies here that are here from somebody with kristin's -- kirsten's credentials at "the journal." >> thank you so much. >> coming up on "hardball," elizabeth warren playing "hardball" with chris. first, joel is not just a numbers minute. a collection of memorable moments. ♪ stay with us. what's in your energy drink? ♪ power surge, let it blow your mind. [ male announcer ] for fruits, veggies and natural green tea energy... new v8 v-fusion plus energy. could've had a v8. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many t

corp. and a lot of it was letters of intent which is another important thing. we intend to give you an order for 1200 fighters. you took that letter to the bank and before you had a contract drawn up but often it was done with hedging, this is what i need to. somebody goes out, let's do it. get set up to go. the army was suspicious that what they were setting in motion was truly unstoppable. and in fact army procurement official dealing with the aircraft industry began to take on the rule of free. ever heard about the rule of free? if you place an initial order with somebody, a thousand two engine bombers at the end of the year they deliver 3,000 once the conversion was all done. they grow by a factor of 7, at the end of the third year there was -- the only limits to production and expansion was raw materials and labor and labor was always a problem and always a drag not just in terms of union resistance to wartime conversion they might lose power over the shop floor but everyone is working somewhere else. this became a constant problem. where the you put factories and expand new places and not siphon away labor from vital wartime work that i

financial service are sponsoring, introduced consolidating the bank supervisory responsibility of ots office of comptroller federal deposit insurance corp., the federal reserve and to a new agency. and also a new office of consumer protection within that agency. >> when was that introduced? >> march of 2009. >> the federal anne craig -- did we have a hearing on that clicks are? are we moving on that? >> now you are the chairman. are we taking any action on that bill? have you reintroduced at? >> no. we are having trouble. >> but that deals with it. >> mr. hensarling for five minutes. >> thank you is your chairman and i appreciate your comments on dodd-frank. during its passage the members were told it would and the specter of too big to fail that many of us thought frankly the big would get bigger in the small would get fewer and the taxpayer of would give poorer. chairman gruenberg i have worked at the fdic's q1 banking profile and not that i expect you to memorize this but if i have rig, table 3a says that the cost of funding earning assets for utioinstit greater than $10 million is 22 basis points last bin institutions with between 1

banking, housing, and urban affairs committee, the hearing about to begin. [captioning performed by national captioning institute] [captions copyright national cable satellite corp] >> i would like to call the meeting to order and then suspended until the chairman has arrived. the capitol police to restore order. thank you. [man shouting} >> this man is a criminal! .e can't get this thing wrong >>

corp. is considering spinning off its business. >>> a plus a controversial plan to double the national sales tax by 2015. moody's has downgraded the credit rating of 28 spanish banksting it to just above junk status earlier this month. stephane has more for us in madrid. and, stephane, we're hearing comments from the government on how soon it's going to take to work through the bank bailout. not that soon. >> reporter: unfortunately it will take some time because the negotiations are very complex. it's what the finance minister in congress commission a few minutes ago. he also mentioned that the creation of a bad bank was definitely on the table for the weakest of the spanish banks and later in the day with the french, the german and the italian finance minister. yesterday evening moody's says the bailout for the spanish banking sector was definitely positive news but the rating agency will wait for the details, precisely they announce the timing and all the details for each individual bank before re-assessing the rating for the spanish bank. yesterday moody's downgraded 28 spanish banks, 2 1 are now below the level in the junk category and at least seven of them

captions copyright national cable satellite corp. 2012] >> jamie dimon, the head of jpmorgan chase, testifying for about two hours and 15 minutes before the senate banking committee, the first of two appearances that the jpmorgan head will have on capitol hill. next week he will be before the house financial services committee. we will have coverage on that on seaspan3 -- on c-span3. we will also be reassuring this. we will also be taking phone calls. our current financial regulations strong enough? 202-624-111 for republicans20. 2-624-115 for democrats. 202-624-7760 for independents. it was a wide ranging hearing today. it dealt with the $2 billion was the jpmorgan suffered recently this spring. i want to show you some of the comments of the jamie dimon said on house senior management reacted to the loss. >> the risk committee does a lot of work to talk about the main risk of becoming. i think it is unrealistic to expect -- they spent a lot of time. it is hard to do that. >> m i clear? >> took this committed to the most difficult financial crisis of all time with flying colors. i would blame this on management, certainly not in the risk committee. rece

welcome to your first hearing before the banking committee since your confirmation as comptroller. marty is the acting chair of the insurance corp.. richard is director of the consumer for the national protection bureau. i think all of you again for being here today. i would like to ask the witnesses to please keep your remarks to five minutes. you're full written statements will be included in the record. secretary, you may begin your testimony. >> members of the committee, thank you for the opportunity to appear today to discuss implementation of the dodd-frank act. it will help protect americans from the excessive risk, oversight, and poor consumer protections that played roles in bringing about the financial crisis. that crisis and the recession that accompanied it cost me it -- nearly $9 million -- 9 million jobs and brought gdp growth to - 9%. today, the economy has improved substantially. more than 3.4 million jobs have been created over the last month. our economy has grown at an annual rate of 2.4%. as part of our efforts to strengthen the economy, treasury is focused on implementing the dodd-frank to build a more stabl

morgan stanley to 31 cents, bank of america sliced from 19 to 12 cents and january morgan from 87 cents a share estimated to 70. now has a price of 43 bucks. news corpd approving a decision to separate the conglomerate into publishing and entertainment companies. shares finishing 2% higher yesterday on the news and by the way, david faber will speak with rupert murdoch today at noon eastern time. catch that interview here on cnbc. >>> we'll see if google's new tablet maintains its first day buzz. the tablet priced to compete with the kindle fire, while microsoft's recently unveiled tablet the surface is positioning itself as a potential laptop replacement. the google nexus tablet features a seven inch screen priced at 199 bucks, the same as the kindle fire. >> thanks, brian. >>> let eight get back to a story we mentioned at the top of the show, jpmorgan in the headline this is morning, the "new york times" reporting jpmorgan's trading loss could reach $9 billion, a higher number than we've heard about before. i want to walk you through some of this just to put a little bit of caution for listeners and watchers this morning. that $9 billion is not wh

corp. is considering splitting it self in two. final decision however has not yet been made. >>> home builder lennar is reportedly in talks with a china bankn loan, used to jump-start two delayed projects. >>> facebook officer sheryl sandberg becomes the board's first female member. >>> coming up next, from washington to wall street, how majority leader eric cantor has left the hall is of congress an will join us on the "squawk" set, we'll talk taxes, jobs, and the election, next. stay in the moment sanya focus lolo, focus let's do this i am from baltimore south carolina... bloomington, california... austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. in every way, shape, and form. it's my dream vehicle. on a day to day basis, i am not using gas. my round trip is approximately 40 miles to work. head on home, stop at the grocery store, whatever else that i need to do -- still don't have to use gas. i'm never at the gas station unless i want some coffee. it's the best thing ever. as a matter of fact, i'm taking my savings so that i can

copyright national cable satellite corp. 2012] >> it join us later today for a discussion on the european debt crisis. speakers will include the ceo of deutsche bank. you can watch at 5:00 eastern on c-span. later, more live programming with a campaign fund-raiser with president obama and former president bill clinton. that at 8:25 eastern. tomorrow, voters in wisconsin will cast their ballots in the governor's recall collection. scott walker is being challenged by democratic mayor, tom barrett. we will replay the final debate one hour before washington journal starts here on c-span. don't forget to make c-span york clearing house for all things related to this election. read endorsements and analysis and follow the campaign cash. >> the ftc is primarily an enforcement agency. it has settlements with a lot of companies about some of the promises they made to consumers. i think self regulation is at tool that can be much more responsive to changes in the marketplace in a quicker way than regulation. >> tonight, i look at the federal trade commission enforcement role in dealing with privacy on the internet. that's 8:00 eastern on c-span2. >> the pre

banks around the world under pressure. barclays is down in double digit calling for diamond to resign. mean tile reports here that jpmorgan's trading loss may total as much as $9 billion. >> it is official, news corp unanimously approved to split the company. rupert murdoch will be the ceo of the entertainment business. >>> and could rimm tip off the hat of what it's planning to do after consulting with itself? investors will be listening to signs of a turn around plan all hobbit health care. the decision on the affordable care act. a little after 10:00 a.m. this morning. at issue was the bill's constitutionality and whether the government can regulate the commerce of health care. whatever the court decides it would likely have a long-term impact on all americans and the medical care. hard to put it into context, jim, because there are so many other big stories competing for it today. >> look. this is one of those cases where every time we find ourselves in this soup with europe, typically in the banks, it becomes preemine preeminent. we were discussing barclays. jpmorgan, "new york times" saying $9 billion, "new york times" saying $5 billion. that "new york times" working with us. this deal is wh

banks. as i said before, we have to wait for the integrated, supervisory mechanism at the european level. >> thank you for the final answer. thank you for your attention. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> british prime minister david cameron talks about the results of the european summit in the house of commons monday. live coverage of his remarks at 10:30 a.m. eastern on c-span. >> this author writes about the president. >> harry truman goes to the white house and sells excess to eleanor roosevelt, can i pray for you? and she says, no. we need to pray for you. >> their campaigns. >> there are a lot of promises made. they said they would have to rent a large hall, larger than this one, to get all the people jack kennedy promised the vice presidency to that year. >> and their ideals. >> calvin coolidge may have been the last jeffersonian, a man who believed in the limits of federal power to recent -- and resist the temptation to extended care >> this sunday on booktv, your questions and comments live at noon eastern. also this said, a middle east expert on the obama administration's response to the air of the spring, afgh

corp. 2012] >> on wednesday, j.p. morgan chase ceo jamie dimon testifies before the senate banking committee about the $2 billion trading loss at j.p. morgan. live coverage is on c-span and cspan radio. the house financial-services committee will hold its hearing on the public policy implications of the j.p. morgan chase recent trading loss on tuesday, june 19 on c-span 3 and cspan radio. next, "q