j.p. morgan chase contributed to obama more than eight hundred thousand dollars to his campaign we should mention in two thousand and ten j.p. morgan chase made seventeen point four billion dollars in profits and made no taxes these demonstrators out on the streets know their numbers they have done their research they see how the campaign contributions. and the corporate rewards are going hand in hand they know their numbers and they are holding everyone accountable and that includes the u.s. president so he needs to sort of at least pay attention to what they're saying because the the frustration is not solely to the financial institutions. down on the occupy wall street protesters. who is an independent journalist these security forces that were just working off excess of money they were given. the police did receive voters at four point three million dollars from j.p. morgan chase just a couple days ago to help secure and they're really hurting themselves and their image and they're showing what oppressive force there is to people who are just trying to peacefully walk down wall street

j.p. morgan chase citigroup u.s. bank p. and c. and d. bank of all decided that they are not going to charge you a monthly fee to use your debit card j.p. morgan chase started testing a three dollar fee in parts of wisconsin and georgia in february but after a backlash from customers the bank scrapping plans to rock the theater the rest of us and looks like these banks have decided for once to listen to customers unlike bank of america he remembered back in september the charlotte based bank announced it will start charging a five dollar a month debit card fee starting next year so that's sixty dollars a year to use your own money now decision led to an outcry amongst consumers including an online petition gathered one hundred and fifty three thousand signatures from irate customers now people might be of a says these things are needed because a new regulations imposed by congress and the dodd frank reform bill and the c.e.o. of the bank dodged reporters for a week after the announcement which turned into a little bit of a p.r. nightmare.

j.p. morgan chase contributed to more than eight hundred thousand dollars to his campaign we should mention in two thousand and ten j.p. morgan chase made seventeen point four billion dollars in profits and need no taxes these demonstrators out on the streets know their numbers they have done their research they see how their campaign contributions. and the corporate rewards are going hand in hand they know their numbers and they are holding everyone accountable and that includes the u.s. president so he needs to sort of at least pay attention to what they're saying because that the frustration is not solely to the financial institutions report in new york but i want to. ask you more you think about this story we're asking what you think will be of those u.s. rallies this is what you're telling it's the majority of you say a lot of noise but very little action is going there that really was forty percent of the thirty eight percent majority view tonight quarter of you think the anger is going to boil over and provoke clashes with national guard reducing trouble so. only nineteen percent of

j.p. morgan chase contributed to obama more than eight hundred thousand dollars to his campaign we should mention in two thousand and ten j.p. morgan chase made seventeen point four billion dollars in profits and made no taxes these demonstrators out on the streets know their numbers they have done their research they see how the campaign contributions and the corporate words are going hand in hand they know their numbers and they are holding everyone accountable and that includes the u.s. president so he needs to sort of at least pay attention to what they're saying because the the frustration is not solely to the financial institutions of the story really closely with. much. but earlier i spoke to former wall street executive rich sco he told me the all the wood so your movement is still really a truck to some good deal of attention. or a political protest movement that's so young it's not much more than two weeks old it's grown and gathered a surprising amount of support from surprising quarters in a very very short time for example you have several very major unions joining up with thi

j.p. morgan chase the crowd went from one home to another and as they were walking along park avenue their doorman outside of the buildings on on park avenue were actually cheering in support of these protesters now the reason they're holding this demonstration that is in conjunction with occupy wall street is because they want to bring to light the fact that the new york state's two percent tax on millionaires expires at the end of this year and new york city residents say that ninety nine percent of new yorkers will be suffering because a lot less revenue will be going to the city and this state and this is of course in their eyes basically a toxic giveaway to the wealthiest americans living in the nation and this goes along with with the fight that is being spearheaded by occupy wall street they argue that the wealthiest americans and corporations are benefiting the most and reaping the most rewards now when this group that is doing this millionaire's march taking part in it got to the home of of the c.e.o. of j.p. morgan chase jamie dimon there were actually police barricades set up ou

j.p. morgan chase and as they were walking along park avenue their doorman outside of the buildings on on park avenue were actually cheering in support of these protesters now the reason they're there holding this demonstration that is in conjunction with occupy wall street is because they want to bring to light the fact that the new york state's two percent tax on millionaires expires at the end of this year and new york city residents say that ninety nine percent of new yorkers will be suffering because a lot less revenue will be going to the city and this state now when this group that is doing this millionaire's march they compartment got to the home of the c.e.o. of j.p. morgan chase jamie dimon there were actually police barricades set up outside of his building now this is what's taking place in new york but we should also inform our viewers that in boston there was a mass arrests that took place following clashes that broke out between demonstrators of occupy boston and police officers there was more than one hundred people reportedly a rusted and there was some images that we did

j.p. morgan chase did at the ends of the week last week. and wells and j.p. hey will not go ahead with debit card fees. and the new york time reports that bank of america is reconsidering its own plan. it may still go ahead with some fees on debit cards as far as monthly purchases, but it may have to put conditions in there where you won't get stuck in there if you have a direct deposit or a paycheck in a bank of american account or a bank of america credit card or a certain bans in the checking account. the prior minimum is $20,000 and they will likely lower that considerably. we will see if they do. the big banks obviously hearing from irate customers out there about this. and the banks have been trying to raise money where they lost elsewhere from new financial regulations including merchant swipes of cards. and they're trying to find new ways to get fees and that includes getting away from free checking accounts. that is largely disappearing as they're charging for that. the stock market opening up considerably low ther morning following the big rally and

j.p. morgan chase c.e.o. jamie dimon news course the rupert murdoch and conservative billionaire david koch are the one percent the protesters which is why they plan marches to the homes of these men today lots going on in new york of course and our producer lucy kavanagh has been in the thick of things for days now let's go to lucy now in our new york studio hey there lucy i have been following your tweets you really have been in the center of the action to talk to me about what you've been seeing. hi christine while trying to stay awake kerry has been pregnant and days we surprisingly actually have really seen the movement grow it's something that we sort of counted on for over the weekend since in light of the mass arrests we sort of expected more and more people to turn out to show their support but the big question mark was when the nice weather ebbs when the weekends goes away will people still show up will they had we counted about rough estimate of about two thousand protesters out in zuccotti park wh

j.p. morgan, chase and wells far goes have announced debit card fees. >>> u.s. airways has instituted other's partners, two seat fee for passengers. they call them customers of size. as of march, fliers that cannot fit into and arm seat with the armrest down, will have to buy two. the second seat will be refunded if the flight is not oversold. >>> pepsi executives are so confident about their products, they're planning to raise prices. prices like chips and sports drinks will cost you more. and they'll divide their snack and beverage size. the breakup would be expensive. >>> a federal grand jury has indicted 35 members of a gang th

j.p. morgan chase reported disappointing earnings. they are the first to report. we're expecting numbers next week from wells fargo and citigroup and morgan stanley. this does not bode well from what we were expecting from them. >>> federal food safety inspectors found e. coli contamination is ground beef from -- ground beef from commercial meat company. the meat was sent to restaurants in nevada and california, including here in the bay area. so far, no one has become ill but e. coli is potentially deadly and most dangerous for the very young and seniors with weakened immune systems. go to ktvu.com and "the right now" tab to learn more. >>> well, the uss carl vincent which was in san francisco bay last week for fleet week, will host the carrier classic featuring north carolina and michigan state. the white house says president obama has accepted an invitation to attend. so he will fly to san diego for the veterans day game after laying a wreath at arlington national cemetery. >>> game 4 of the american league championship series takes place this afternoon. the te

j.p. morgan chase and ceo jaime diamond and rupert murdoch. the protesters demonstrated against the upcoming expiration of a 2% tax on millionaires who live in new york. >>> the obama administration is increasing sanctions against iran tonight following the revelation of an iranian plot to kill the saudi diplomats. but is the united states overreacting? iranian agents say they plan to assassinate the saudi ambassador to the u.s. a bomb was supposed to detonate in a washington, d.c. restaurant. >> when the confidential source noted that there could be 100 to 150 people in a fictional restaurant where the requested bombing would take place, the lead defendant said no problem and no big deal. >> officials say the plot was directed from iran by the country's special foreign actions unit. but he says these iranian agents are amateurs compared to the kutz. >> i watched these guys for 30 years. they don't transfer money, but they use only proxies. >> he adds that an attack on a dc restaurant is an act of war and can't see why iran would want to do th

j.p. morgan chase and pepsi. >> susie: big news in the corner office at the house of mouse and its all about planning for the future. robert iger will add chairman to his title in march and step down as disney c.e.o. in 2015. during his six-year run as c.e.o. he increased disney's value by a third. he's also credited with reinvigorating the company, highlighted by the acquisition of pixar animation and marvel entertainment. >> tom: another big american company general motors is putting the brakes on plans to add a second shift at the factory making its chevy volt electric cars. g.m. will make one shift more efficient so it can produce the same number of cars as two shifts. fewer than 4,000 volt's have been sold far less than g.m. sales 2011 target of 10,000. its main competition-- the nissan leaf currently is outselling the volt with more than 6,000 sold between december and august. >> tom: a rally through june, a summer swoon and then higher prices that was the forecast for both stocks and metal prices last spring from tonight's market monitor. he's mark lebovit. the chief market strategist

j.p. morgan chase already resolved similar charges.dman paid the largest settlement so far-- $550 million. it was a long night and day around zanesville, ohio, after dozens of lions, bears and tigers escaped. in all, 56 exotic animals weremo let loose tuesday by the owner ilof a wd-animal park. police said the man then committed suicide. authorities launched an all- night hunt for the animals. 48 were killed, and six were captured. by this afternoon, only two were still on the loose-- a wolf and a monkey. sheriff matt lutz said deputies and veterinarians initially tried to capture the big predators. he described an encounter with a bengal tiger. >> this vet had more guts than i did by far. with a dart gun, he got very, very close, probably from one side of this tent to the other and tried to tranquilize this thing. i think we hit it, but as we did, got up showed very aggressive behavior and starting towards her and then turned and started running away from us. at that point, we didn't know if the tranq would work. we didn't know for su

j.p. morgan chase and ceo jaime diamond and rupert murdoch. the protesters demonstrated against the upcoming expiration of a 2% tax on millionaires who live in new york. >>> the obama administration is increasing sanctions against iran tonight following the revelation of an iranian plot to kill the saudi diplomats. but is the united states overreacting? iranian agents say they plan to assassinate the saudi ambassador to the u.s. a bomb was supposed to detonate in a washington, d.c. restaurant. >> when the confidential source noted that there could be 100 to 150 people in a fictional restaurant where the requested bombing would take place, the lead defendant said no problem and no big deal. >> officials say the plot was directed from iran by the country's special foreign actions unit. but he says these iranian agents are amateurs compared to the kutz. >> i watched these guys for 30 years. they don't transfer money, but they use only proxies. >> he adds that an attack on a dc restaurant is an act of war and can't see why iran would want to do th

j.p. morgan chase. quarterly earnings dropped >>justine: much more ahead on the kron 4 morning news. a beautiful blue sky in san francisco. we will talk more about the warm weather when the kron 4 morning news comes back. >>james: here is a look from the roof camera. high clouds. it is cool. upper fifties and low 60s. this afternoon, sunny and warm as we approach 90 degrees for the inland valleys. this evening, clear and cool. pipa >>mark: new this morning, other stories we are falling, the latest with blackberry and blackberry service is supposed to be up and running after one of the biggest outages in years. there was a three day outage that affected most of africa, south america and spread to the united states and canada. they are saying that the backlog of messages in their system have been cleared an executive speaking from london apologized to customers. >> we fully understand the frustration of our customers. you expect much better service from us and we extend an apology to all of our customers

j.p. morgan chase. they say there they'll protection tax policies which they say unfairly aid the rich. norah? >> o'donnell: jim, i know you said the mayor says the protestors can stay as long as they want. how long is that likely to be? >> reporter: well, the mayor says he thinks that will be determined by the weather which suggests the city's position is with winter coming their content to wait out the demonstrators. >> o'donnell: jim axelrod, thank you. and the rally in stock prices has seen the dow gain 777 points in the past week, more than 7%. anthony mason is our senior business correspondent and, anthony, what's behind this rally? >> reporter: norah, this was the dow's biggest rally in two months and it was fueled by new optimism that europe is finally getting a grip on its debt crisis. france and germany agreed over the weekend to come up with a plan to strengthen european banks by early november so, after dipping into bear territory last monday, that's a decline of 20% from its highs, the s&p 500 has rallied back more than 10% in just a week and all 30 stocks in the dow, norah

j.p. morgan chase. and the international trade balance tells us if the u.s. imported or exported more goods in august. also, galleon group founder raj rajaratnam is scheduled to be sentenced for securities fraud and conspiracy. the hedge fund billionaire faces up to 24 years in prison. the financial fallout from last year's oil disaster in the gulf could be far from over. the "wall street journal" reports contractors for b.p. could be fined by the u.s. government for their role in the deepwater horizon spill. they're accused of vit labeling off shore drilling -- violating off shore drilling rules. >> tom: there were fewer listings in the help wanted ads as the summer wore on. the labor department says employers advertised just 3.1 million positions in august. that's down slightly from july. with almost 14 million americans out of work, that means four or more people were competing for each of those job listings in august. >> susie: everyone talks about the need for emergency savings of but many people find it hard to stock away cash. tonight's money file want

j.p. morgan chase made it official. it will not charge customers for debit card transactions. chase joins u.s. bancorp, citigroup, and others who will not impose debit fees. investment bank goldman sachs finds itself the target of a lawsuit from a disgruntled investor. an australian hedge fund sued goldman sachs for $1 billion, claiming the bank sold it a fraudulent bond derivative in 2007. the fund wound up insolvent. this is the second time the basis yield alpha fund has gone after goldman, alleging the firm made false and misleading claims about the investments that included subprime housing mortgages. goldman denies misleading the hedge fund. >> tom: given the ups and downs of the stock market over the past several years, you may be forgiven if you feel like you've been taken for a ride. but one investment has been steadily riding higher and higher over the past few decades, surging almost 2,000%. erika miller tells us what it is and what is driving those big gains. >> reporter: forget about blue chips or a brick of gold. since the 1970s, a far better investment has been t

one million dollars more than that morgan chase contributed to obama more than eight hundred thousand dollars to his campaign we should mention in two thousand and ten j.p. morgan chase made seventeen point four billion dollars in profits and made no taxes these demonstrators out on the streets know their numbers they have done their research they see how the campaign contributions. and the corporate rewards are going hand in hand they know their numbers and they are holding everyone accountable and that includes the u.s. president so he needs to sort of at least pay attention to what they're saying because the the frustration is not solely to the financial institutions. and to help us understand what's pushed crowds on to the streets across the u.s. we're now joined live by john wellington that is a filmmaker and also a contributor to the huffington post jones thank you very much indeed for a time so earlier on we just heard from the u.s. president who said he understood the frustration of the people so with the protests hitting a third week out do you think the people are actually trying to achieve something here well is this just more of a statement.

one million dollars more than that morgan chase contributed to obama more than eight hundred thousand dollars to his campaign we should mention in two thousand and ten j.p. morgan chase made seventeen point four billion dollars in profits and made no taxes these demonstrators out on the streets know their numbers they have done their research they see how the campaign contributions. and the corporate rewards are going hand in hand they know their numbers and they are holding everyone accountable and that includes the u.s. president so he needs to sort of at least pay attention to what they're saying because the the frustration is not solely to the financial institutions. trying to start a bit more was pushed crowds of the streets across the u.s. . she's director of the global company organization thanks for joining us from chicago good to see you this morning now we've seen these mass protests revolutions taking place of a number of companies have brought in reserve foods of all. other all the shear thing about the arab spring with frustrated people taking to the streets to the demonstrations we're currently seeing in the us bear any similarities defini

j.p. morgan chase roe in july of this year and clients only newsletter obtained by the washington post that profit margins have reached levels not seen in decades and reductions in wages and benefits explain the majority of the net improvement printed the latter quote boldfaced lettering us labor compensation he explained is now at a fifty year low relative to both company's sales and u.s. g.d.p. most of the bragging about disenfranchising other workers are stealing all their money. amongst themselves but the headline in the wall street journal will be they'll say us increases productivity that's that's the phrase they use to cover themselves when they destroy wages and destroy employment in the country it's a productivity gain so we should all be proud as this banker points out it's a premeditated class mass occur that of unprecedented proportion that now is turning out to be killing people in the street in a poll grom of financial fraud and vote bombers twiddle and. hoping that he gets that t.v. soon well you could put the message in the bottle. all of the commander in chief is not going

j.p. morgan chase jamie diamond there are five people as i mentioned on this list and what we're being told is between four hundred and eight hundred occupy wall street demonstrators will be visiting each of their homes and this is to raise awareness about the two percent tax that will expire at the end of this year the tax that the wealthiest would need to pay have paid and new yorkers say that this is fiscally morally economically irresponsible because once they stop the wealthiest stop paying this two percent tax much less revenue will be going to new york and ninety nine percent of the residents will be suffering in the aftermath of that so they are taking part in this demonstration today to raise awareness about their ongoing message which is that the wealthiest americans continue to reap the largest rewards while ninety nine percent of americans working hard or struggling to work are the ones that are suffering amid this economic crisis now occupy wall street of course is in its fourth week we've been reporting about it since the very beginning. yesterday there were not that many arre