j.p. morgan chase with the 2.5 trillion in assets. there are two basic kinds of banks broadly speaking.ank that is useful takes composites pools the resources and lends them out for businessss to grow of all sizes. separately there are thesegigantic banks largely on wall street that do a little bit of that but mostly engage in incredibly high risk trading and investment banking. and you are right ari. all the law is saying dodd-frank and the new proposal is saying you can gamble all you want. you can take all the risk all you want. but ju just can't do it with taxpayer backed money. and can't do it in way that you are going to be bailed out. >> do it with your own darn money. i want to go hillary clinton. you are a wall street lawyer. you work with these folks. do you think they who have been into hillary clinton would see this as a deal breaker, a relationship ender if she endorsed this kind of reform? >> yes. >> do you think she'll do it? >> no i don't think she will. >> dennis? what's interesting ari is the congress and politicians are catching up with the american people. the polls

j.p. morgan chase, bank of america and citi bank. goldman sachs fell short. streaming service netflix beat analyst projections as well as intel. chalk this up under strange but true category. a hotel theme park in japan became the first robot hotel. they can check you in, take your luggage and maybe scare you and freak you out too. >>> up next, wearable technology gets a fashion upgrade. instead of being glued to your phone, a top designer lets your accessories do the talking. >>> and later, the new economy meets older americans. why your next uber driver might not be a millennial. >>> as we head to a break, look at how the stock market ended the week. >>> fashion meets function nowadays as luxury designers capitalize on the wearable technology trend started by the likes of google glass and fit bit. one touch designer is rebecca minkoff and yuri minkoff. they're here. thank you. >> thank you. >> you're known as the designer probably most involved withwear making sure they fit. how did you get into that. >> i think we found consumer has it all the time. being

j.p. morgan chase, bank of america and citi bank. goldman sachs fell short. streaming service netflix beat analyst projections as well as intel. chalk this up under strange but true category. a hotel theme park in japan became the first robot hotel. they can check you in, take your luggage and maybe scare you and freak you out too. >>> up next, wearable technology gets a fashion upgrade. instead of being glued to your phone, a top designer lets your accessories do the talking. >>> and later, the new economy meets older americans. why your next uber driver might not be a millennial. >>> as we head to a break, look at how the stock market ended the week. iran keeps their nuclear facilities. military sites can go uninspected. restrictions end after 10 years. then iran could build a nuclear weapon in two months. iran has violated 20 international agreements and is the leading state sponsor of terrorism. and new york is my home. there's no place like it in the world... like our state parks. the adirondacks are my favorite. for hiking, fishing, camping, you name it

j.p. morgan chase, bank of america and citi bank. goldman sachs fell short. streaming service netflix beat analyst projections as well as chip maker intel. chalk this up under strange but true category. a hotel at a theme park in nagasaki, japan became the first robot-staffed hotel this week. they can check you in, take your luggage and maybe scare you and freak you out too. >>> up next, we are on the money. look great while being plugged in. wearable technology gets a fashion upgrade. instead of being glued to your phone, a top designer lets your accessories do the talking. >>> and later, the new economy meets older americans. why your next uber driver might not be a millennial. >>> and right now as we head to a break, take a look at how the stock market ended the week. look at that beautiful hotel on tripadvisor. wait. why leave the site? don't you know the tripadvisor you've always trusted for reviews, book! now checks over 200 websites to find the best price? book...book...book! over 200 sites checked to find the best price. so don't just visit tripadviso

j.p. morgan chase and other financial institutions.h a multimillion dollar stock manipulation program, and others are charged using an unlicensed money transfer business using that coins -- using bitcoings. francine: easyjet's profits will increase 14%. 77% of the second half seats are already booked. manus: apple shares fell as much as 8.8% in after-hours trading. iphone sales climbed 35%, but that fell short of shipments predicted by analysts. they also missed the revenue forecast for the current period. jon: nine straight days of gains on the stoxx 600. yesterday we posted losses. we are inching toward the second day of losses. we are down by 4/10 of 1% in frankfurt, germany. in london, down by a tenths of 1%. -- down by 8/10 of 1%. the bloomberg commodity index hit a 2002 low. i said there were 2. that is one. apple earnings disappointing. iphone sales surged 35% and a record fiscal third quarter, but still a disappointment. that is what happens when the bar is this high. estimates are being missed this morning. the big question, a

j.p. morgan chase has not specifically been named in the fbi complaint unveiled tuesday in federal court.ie: zeb, thank you. coming up next, far-reaching repercussions of china's stock rout. we will look at aftershocks. shanghai composite recovering, four straight days of gains but lots of voluntary. on monday, we saw a reversals. directional changes. whenurse, that story "first up" returns. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage, all of taylor swift's music videos, interviews, and more. xfinity is the destination for all things taylor swift. your eyes do not deceive. it is rainy and cloudy. amber alert rainstorm level warning for locals, which means you could be deluged. bring an umbrella. we are 30 minutes from the open of trading in japan, australia, and south korea. you are watching "first up." ♪ angie: top stories this hour, ande's iphone shipments third quarter earnings have missed projections, raising questions over whether demand has picked. shares fell almost 9% in extended trading. apple has not released sales numbers for the watch.

j.p. morgan chase also in the spotlight. 1.5% after the back am a quarterly profits it x $.29 billion. 5.2% increase over the profit that they previously reported. it is cutting costs to compensate for falling revenue at the largest businesses that made the differences. jamie dimon on the conference call talking about confidence in china. management, we have always had the way we treat that is we will be prepared for tough times. it is a mistake not to grow because you have tough times. su: the earning spray continue. big focus on yum! brands. kfc, pizza hut, and others. estimates, thets china segment of the business remains mired in slums three revenue falling to $3.11 billion. yum! brands gets half of its revenue from china and it is reeling from the food safety scare and avian flu outbreak. also seeing more competition from local restaurants. recovery is a slow process. looking ahead to the wednesday session, a lot of focus will be on janet yellen's semiannual testimony before lawmakers in washington. the question on what she is going to say about the lift off, she is not going to commit

j.p. morgan chase, wells fargo, bank of america, citi group, even goldman sachs all on tap to report second quarter numbers. wow, big week. overall earnings for the financials guides expected to be up 14%. that would be the second best among the ten s&p 500 sectors. but it is not just big banks, it's a big week for tech too. we're going to hear from intel on wednesday, google and e-bay on thursday. and last but not least industrial ge wrapping up the week with its results on friday. that's fun. and all the i can muster. >> thank you, brian. carter's at the smart board. you're worried about tech. why is that, carter? >> what's happening here is of course this has been an outperforming area of the market starting to under perform. this is a bit of an issue. i want to look at a couple charts and put it together if we can. we have an uptrend here. this is the s&p 500 technology as a sector. you see it's an absolute up trend and the bottom panel is the sector performance relative to the s&p. it's also an uptrend. what we know here is while we haven't violated our prior low on an absolute basis,

j.p. morgan chase trader who was called the london whale after he made enormous derivative bets. billions and billions and billions of dollars. julie: but he won't have to pay anything. not as a part of this. --t: nor will he be banned he will be able to work in this industry. julie: he can, but will anyone hire him? we will explore that another time. i want to get to what's going on in the united states in terms of stock trading. if you look at the major averages, we are up .5%. in terms of the rebound, not nearly as strong as it had been earlier. look at the dow on an intraday basis. you can see the big swing we have seen in the index. we were up as much as 249 points. pairing so much of that as the day has gone on. now up just .5%. i saw a tweet from mark sebastian. he thinks investors are waiting for the next development in the greek situation. maybe they want to put some more decided bets. a much more mixed picture than it did earlier -- we opened strong. stocks tradinge higher. now, looking at a much more mixed picture. we telecom services and utilities down. materials rema

j.p. morgan chase and goldman sachs will also play a role in selling 10% of ferreri shares. -- chrysler is spinning off yet chrysler is spinning off -- fiat chrysler is spinning off ferrari. alibaba scherzer slumping touching a record low earlier today as investors flee from all things china. -- shares of alibaba slumping today. composite has fallen for the fourth time in as efforts have failed to stop a selling spree by retail investors. jon corzine and other officials will pay $64.5 million to settle an investor lawsuit. they filed for bankruptcy in october of 2011. after a $6.3 billion bet on bonds of some of europe's most indebted nations. customers allege more than $1.6 billion of that should have been segregated, was transferred to other parts of mf global during a liquidity crisis. a surprise in the labor market -- job openings rose in may to the highest level on record to more than 5.3 million. the second month that opening succeeded hiring -- exceeded hiring. mark: dick fuld is putting his estate in sun valley up for auction next month. the property includes more than 71 secluded

j.p. morgan chase and goldman sachs are also due to play a role.inning off ferrari to help an investment program focusing on expanding the jeep, maserati brands globally. coming up in the next half hour, alex rodriguez has led on the all-star team, was he snubbed for his history of steroid use? and we had to the front lines of the conflict between saudi arabia and yemen. a bear market, but rebounds in the market today. can it overcome? is the the reason dragging out of negotiations between the greeks and europe. one person with almost no confidence that a deal is a hand he joins meller, from washington. mr. ambassador, welcome back to the broadcast. always good to see you. is this about finding a solution or political -- politics? thomas miller: i think it is both. i don't think a solution is going to be found in the next 24 hours. i think the expectation has been one of recklessness, that there would be a solution very soon. both sides are engaging in thetical -- politics and stakes are huge. mark: the european commission president said that any s

j.p. morgan chase, wells fargo, and wednesday with intel. lot of analysts projected earnings to come in a bit, that they have dropped about 6.4% in the second quarter on average. we shall see. well, the deal on greece, the third straight day of gains in china, a sign that markets are perhaps getting back to something more like normal. more companies are expected to return to trade today amid a growing sense of calm. where are we now? >> we just got this headline. 250 companies will be ready to be back on line. that brings the number two less than 800 companies that have halted trading. , ayou do the calculations lot of this market is still frozen for trading this morning. we are starting to see investors regaining some confidence in the long-term uptrend. here is how we ended the day yesterday. about 2.4%. rebounded 13% in three days. the small caps could have been the winners yesterday. up best game in six years, 6%. the small caps were hit the most during this rout. on themhunters focusing now. hong kong is in the green, too. the hang seng

j.p. morgan chase they think the biggest shortfall at $12.5 billion. eep the banks from threatening the financial system. a big quarter for morgan stanley trading in brokerage freeze rows in the second quarter. -- froze in the second quarter. earnings estimates and the bank reporting profit, record profit in wealth management for the first time in five quarters. shares of morgan's family have more than doubled in 2.5 years. driverless car is going to college. testing ground for autonomous vehicles opening today. the 32 acre site is called m city designed to stimulate major urban cities. harper's newly released novel set a record. more than 1.1 million copies of " goes that a watchman." she wrote this before her 1960 classic. it was never published. those are some of your top headlines. coming out in the bloomberg market day, paypal tightly -- era ofthe way of a new digital commerce. after a year of lackluster performance, can ibm win over investors? earnings are out moments from now. the great old debate. when will we see a turnaround after the ethic tu

j.p. morgan chase, which is moving on its earnings report, moving higher by 1%.ncomen coming ellis net at or than expected by nine cents a share, but a lot of that was arrived upon by cost-cutting . the company's revenue actually fell and two important lines of investment down 5.8%. fixed income trading down 10%. nonetheless, it looks like people are buying the stock for the moment. coke is another one of the leaders we are watching. the stock upgraded to buy. it reports earnings on july 22. shares up by 1.4%. said analyst upgraded and the company will see earnings per share in volume benefiting if we see the u.s. dollar ,trengthening or a deceleration if that eases to some extent, he says that could help numbers. this is a longer-term call. continuing to talk about earnings -- johnson & johnson was out with its numbers but not faring as well. 1%, butalling by about the company came out ahead of analyst estimates. johnson, even as he still think of them as a consumer brand, is little more heavily weighted toward pharmaceuticals and prescription pharmaceuticals. a

j.p. morgan chase.adway in its plan to reduce riskier asset. ,nother german bank rising deutsche bank. john cryan's first day as co-chief executive. he clutched to cut the operation built up by his predecessor. he also said he will delay preventing an update on the plant by taking until the end of october to review the decision. let's not be too deterred by the an hour or so before the close. that was the impact right there. proceeding today we had a two day 4% decline for the stoxx 600, the worst today declined since december. definitely a relief rally. back to you. mark: the anticorruption drive in china has taken the shine off the nearby gambling mecca of macau. the latest figures suggest return is far from over. >> the pain continues and the gambling capital the world, macau. let's gambling taking place. casino revenues show a 36%, five-year low. this underlines the corruption crackdown. the other thing that is really looming on the horizon is the proposal right now to ban smoking out right on the c

j.p. morgan chase and other financial institutions. say a fifth person arrest at large, and the , the culmination of a months-long investigation of several friends who met more than a decade ago at florida state university and are linked by an fbi memo to one of the largest u.s. bank hacks in u.s. history. of course, we will follow the story and bring you more developments as soon as we get them. coming up in the next half hour, investors will be listening closely to apple's earnings after the bill today for clues .bout smart watches yahoo! and microsoft also post quarterly results. stay with us. those stories and more when the bloomberg market day continues in a minute. ♪ it is 11:00 a.m. in san francisco, 2:00 in new york and hong kong. it is the big one investors will be watching after the bell. apple is set to report earnings. what to expect from sales of iphones and other products. scarlet: new york airport workers could go on strike tomorrow. we will tell you about the turbulence at laguardia. mark: mcdonald's going upscale for o

j.p. morgan chase, making headway in its plan to reduce riskier assets.ther german bank rising, deutsche bank. it was the first day for the co-chief executive and he pledged to cut the trading operation builds up by his predecessor and he also said he will delay presenting an update on the plan until the end of october -- by taking until the end of october to review the decision. let's not be deterred by alexis mments an hour or so before the close. preceding today, we had a two -day decline for the stock 600, decline sinceday september to differently a relief rally. you, mark barton. several presidential hope. our promising hopefuls are promising americans annual growth of 4%, but is this a realistic goal? we will do the math. -- willwants your mtv talk about the media company struggles and more stories ahead. breaking news in the past hour out of the middle east. militants in egypt's sinai peninsula have killed at least 50 police. let's go to our cairo euro chief on the telephone. cank, i'm wondering if you describe what has happened so .ar in the sinai

j.p. morgan chase cutting its rating on european stocks to a hold. it does not expect a selloff of 2010 when greece received his first bail out. the stock tumbled as much as 15% in less than six weeks. here are three of the big decliners. it was the banks that led the decline. look at italy. the lowest price ever for the italian bank. it has greater exposure to italy's sovereign debt than competitors. rolls-royce cutting its profit guidance and holding a share buyback reserve cash. lendertuguese lindner -- another example of dropping on fear a grexit could hurt local bonds. angela merkel is traveling to paris to meet with monsieur hollande. mark martinyou, with the latest on european financial markets closing now. i'm back in athens with guy johnson. standing beside me is the former deputy prime minister, now chairman of capital partners and the investment banking firm in greece. you have also been a deputy foreign minister. explain what yesterday's results means for the country. >> i voted yes, but i am pleased with the final outcome. gives our prim

j.p. morgan chase has over 3000 stabilities -- subsidiaries. it will take a lot of work to establish a rational structure the permits j.p. morgan to be resolved quickly as required by law. the fed will find j.p. morgan's living will not credible and the wills of the other banks not credible if they have not taken concrete steps to significantly simplify structures and are not sleek enough to be resolved quickly? well, we have given them those directions, and we will evaluate that. i would simply say that the regulatory reports that we thesee indicate that firms, since 2009, have reduced the number of legal entities in their structures by approximately 1/5. warren: you will note the number i gave you is from not -- not from 2009. it is over 3000 subsidiaries, at latest copy that i have seen. clear-- i just want to be that you are willing to say not credible if they do not meet the couldstandards, that they quickly be resolved and that includes how complex the structure is. chair yellen: well, agreed that they need to be less complex and we have g

j.p. morgan chase were no judge signed off. it was done in secret. he institutionalized the back room.t was bankers with justice officials, money changed hands and that was it. all of the criminal charges went away. it is very dangerous. juan: he also took the term collateral damage into the financial world, out of the military world. matt: he actually predated the collateral damage idea back when he was a lawyer in the clinton justice department. he wrote a memo now known as the holder memo where he outlined the policy known as collateral consequences and basically all it says is if you are a prosecutor and you are worried about prosecuting a company that employs a lot of people and you are concerned that innocent people might suffer as a result of a prosecution, you may pursue noncriminal remedies when you go after that country -- company. the problem is when he became general, the economic landscape had these enormous, too big to fail companies and there was a real threat that if you prosecuted the firms it might cause a serious damage to the overall economy. you saw what happened w

j.p. morgan chase is short by as much as $12.5 billion in meeting new capital rules which were approved by the fed yesterday. extra capital requirements or surcharges arrange from 1%-4%. as of the biggest bank, jpmorgan. spacex boss elon musk said the fire that destroyed one of his rockets probably was because of a weak strut as that the company might be complacent because they have a time to the staff since their last launch. grexit on the agenda according to a new bloomberg survey. we will break it down. ♪ manus: welcome back to "the pulse.” greece's creditors are said to be aiming for august 6 deadline to wrap up terms of the new bail out and disperse the first aid. a bloomberg survey shows 71% think there's a danger of greece will be forced the eurozone by the end of 2016. the thoughts from globe economist anna stupnytska she is still with me. anna, it does not go away. our poll is saying 70% saying they will be forced out and 50% say 86 billion euros is not enough. anna stupnytska: it is up to the greek government to make steps to push structural reform and get the economy going. get

j.p. morgan chase last year. suspects were arrested in florida and israel. say they prowled the bank for two months without being detected. we will have more on the case in a little bit. two software developers proved they can seize control remotely of the moving car. they demonstrated how it can be done for wired magazine. they disabled the accelerator and brakes and even tuned the radio from 10 miles away. they aim to prevent the hacking of cars linked to the internet. how can you introduce a bill and support a bill -- brendan: you can't, you have to not connect cars to the internet. tom: scary. almost as dangerous as new york city cab drivers. let's look at general electric. we have to speak to analysts like john butler about america's great companies. in recent days we talked with nick haman about general electric's transition to a juggernaut. now robert nardelli as they try to reshape ge back to the prime of nardelli. it is amazing that once the comp full circle, ge financial back to ge nardelli. >> as we discussed before i think jeff saw an opportunity

j.p. morgan chase, the world's biggest underwriter of corporate bonds, is seeing the pace picking up becausebe funding their take of the m&a will have some impact on the bond markets. anna: interesting. let's get back to the conversation around the politics of greece. what is the mood like in brussels? reporter: very much like the markets. that eu leaders are in a holding pattern as well. they are trying to frame it to the greek people as a vote for the euro or not being in the euro. they are strongly trying to put it in these terms directly to the greek people. for them the landscape will change after this vote. on monday they will be looking to see what things look like post-referendum. anna: tsipras saying he will sign a deal monday, after the referendum. there was general skepticism around this desk about whether that would be possible. how feasible does that seem to you? reporter: this is quite amazing that he said no matter what the vote sunday he will fly to brussels on monday and to sign a deal. the fact is that there is no deal on the table. even with a yes vote, the program that pr

j.p. morgan chase, just to pick one example has over 3000 subsidiaries. it would subsidiaries. it would take a lot of work to establish a rational structure that permits j.p. morgan to be resolved quickly as required by law. but to be clear again, the fed will find j.p. morgan's living will not credible and the other ten banks not credible if they have not taking concrete steps to significantly simplify their structures and are not sleek enough to be resolved quickly? >> well we have given him those directions and we will evaluate that. i would simply say that the regulatory report that we receive indicate that these firms, since 2009 have reduced the number of legal entities in their structures by approximately one fifth. >> you will note that number i gave you is not from 2009. it's over 3000 subsidiaries at latest count. i just want to be clear that you are willing to say not credible if they don't meet the legal standards that they could be quickly resolved and that includes how complex their structure is. >> agreed that they need to be less complex and we've given him that

j.p. morgan chase called this the battle of the "some" yesterday. a 10% drop in unemployment rate does that bring us above 300,000? what is it? mike: it probably just means status quo, the jobless rate to go down a tick or so or stay where it is. this is probably more a sock to the hawks who would have liked to a gone earlier, but we see ok, we are very close with the message we are sending, and stand by for another month. tom: i want to go 35,000 feet widescreen here at "bloomberg surveillance" and in doing that, we go to michelle meyer. this gdp thing today is a big deal right? michelle: i think it is. the problem with the data that we are analyzing and real-time is that they are really real-time estimates. they get revised. this is one opportunity -- tom: this is a revision. michelle: it is a benchmark gdp revision. tom: that is jargon, miss meyer. how far does is go back, world war ii? michelle: mike: [laughs] only the korean war, tom. this makes a comparison between the second quarter and the first quarter. michelle: it does. it means that firs

j.p. morgan chase, just to pick one example has over 3000 subsidiaries. it would subsidiaries. it would take a lot of work to establish a rational structure that permits j.p. morgan to be resolved quickly as required by law. but to be clear again, the fed will find j.p. morgan's living will not credible and the other ten banks not credible if they have not taking concrete steps to significantly simplify their structures and are not sleek enough to be resolved quickly? >> well we have given him those directions and we will evaluate that. i would simply say that the regulatory report that we receive indicate that these firms, since 2009 have reduced the number of legal entities in their structures by approximately one fifth. >> you will note that number i gave you is not from 2009. it's over 3000 subsidiaries at latest count. i just want to be clear that you are willing to say not credible if they don't meet the legal standards that they could be quickly resolved and that includes how complex their structure is. >> agreed that they need to be less complex and we've given him that

j.p. morgan chase, merrill lynch, have you take someone like that seriously if on the one hand they say theysomething about the problem and on the other hand take contributions from the problem? and if you're going to look at the big banks wouldn't you need to say something about the federal reserve as well? she did not even mention the federal reserve, you cannot and that -- mention the investment banks without them. host: who would you cast your vote for? caller: i would do a write in the councilman from seattle. realistically, bernie sanders. host: thank you for the call. steve is on the line for democrats from wisconsin. you have a governor who is announcing this evening. caller: yeah, i understand that. but what hillary said about the profit-sharing i am in my 70's and when i started working, we had profit-sharing in both of our companies. that encouraged the people to do a better job and we ended up at the end of the year making a decent profit ending up with those dollars going into our pension plan or into our savings accounts. now, when we became part of a large corporation, whom, f

j.p. morgan chase. he wrote about him being j.p.lining responsibilities like fetching morning coffee and breakfast orders for jamie sanders wlachlt is going on here? >> the two things here. one is the daily current is so unfunny, so bad at their job that people actually take them seriously. i don't blem them. i blame the daily current. >> what beef do you have with the daily currant? >> i may or may not have fallen as the same thing the o'malley campaign did once upon a time. i think we're obscuring something here when is the o'malley white paper. it was, you know very very vehemently anti-wall street. he staking out a turf that is occupied by maybe elizabeth wore warren and a few others. i feel bad in a way for the person who put that footnote together. >> you mean governor o'malley didn't put it together him snefl. >> maybe he was like on a word document late into the night, you know, got a little tired. >> cutting, pasting, googling. >> we've been seeing with hillary and sanders. i think o'malley just likes being mentioned. i doe

j.p. headlines for you -- morgan chase is short by as much as $12.5 billion in meeting new standards to strengthen the financials us them. on fed approved the rules monday, allocating extra capital requirements to eight of the biggest and most complex banks. the surcharges range between one and 4.5%. act byrgan, the biggest assets, is at the top of the spectrum. toshiba is expected to correct more than $8 billion in earnings after sustaining results over six years, three times the write-down that was first reported in may, went to sheba withdrew its earnings forecast. a third-party investigation says executives had systematic involvement in a accounting, under pressure from management. years of policy flip-flops, political wrangling, and leadership changes, lawmakers meeting once again to discuss a national sales tax. thendra modi is optimistic vote will go his way, but opponents have bowed to disrupt the session with protests of recent corruption scandals. a failure to pass the bill would make it almost impossible to implement the tax by the next deadline. the next up in trying to satisfy credito

. >>> jpmorgan chase is expected to a i millions in damages after an investigation of its credit card collections. j.p. morgangated for alleged crylations related -- violations related to how it collects debts. consumers could get as much as $50 million out of the settlement. that does not include california that has its own lawsuit against the bank over similar charges. >>> and time warmer cable, it's been order toward day a texas woman -- been ordered to pay a texas woman almost $230,000. she sued the company after the company harassed her about an account that was opened up by someone else. she said the calls kept coming even after she complained and filed a lawsuit. the judge tripled the penalty waus time warner's actions were what he called particularly egregious. >>> southwest airlines has a sale for around $73. you have to travel between august 25th and december 16th. you need to book your flight through southwest.com and the sale ends july 16th. we did checked the website. the cheapest flight we could find, not bad. it's a flight out of oakland that will get you to san diego for $71. >> what? >> 71. t