j.p. morgan chase bank it seems to me that somewhere in the next four six twelve eighteen months we're going to have a downturn i don't think there's a question about that exact timing no one can do so the real question as you rightly put it is how bad will it be how deep will it go how long will it last which is the question we ask all the time now here's my concern crises in the capitalist system tend to be worse the longer we've waited from the last one we're now beyond our four to seven average range so that's an argument that it will be worse number two because of the last crash and the decision of the federal reserve that both republicans and democrats supported to bring interest rates down to flood the economy with money interest has been very low governments therefore have borrowed like never before corporations have borrowed like never before and individuals have come back from the crisis of two thousand and eight borrowing ever more particularly to send their kids to college at a time when future job opportunities are not so great that is very dangerous because what debts do when t

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might promptly who is known as we to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well john hendren joins us live now from washington d.c. so a lot of developments in the past half hour john what's the latest you're hearing there . we're just starting to see as the media reports that suggest this saudi arabian embassy is about to release information ignore it the kingdom was responsible for the death of his show but under this telling of the story it was an accident it was an investigation or interrogation gone wrong we are also told that the prime prince mohammed bin solomon was not aware of that happening that is according to these latest media reports that are just coming out if they are correct we should be hearing from the kingdom sometime soon this does perhaps jive with what president trump was saying earlier today that there there might be rogu

j.p. morgan chase refuses to go as of yesterday this is a main sign that the most important bank hence the bankers and so on so forth are not excited are shunning the conference now why would they do that i don't think it's about crime and criminals an extrajudicial killing all sorts of what these people did with some of the worst regimes in the world it's because of the media coverage these people have families they have colleagues they have sons and daughters that watch the news and they don't want their parents or brothers and sisters to be involved with a dictator that kills a journalist now why do i say that because we in the media we have to know what our role is see because this for the last two years has been unraveling like a mystery it's almost like life imitating fiction it's a thriller with horror scenes and so on so forth except. it's final chapters are yet to be written we are living in the midst of this mystery but we in the media we are not just covering the mystery we are helping writing its last chapters its final chapters how by shedding light on it why forcing put issue

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be going. u.s. secretary of state might prompt who is known as we to saudi arabia what he asks and what he's told we will dictate what america does next alan fischer al-jazeera washington let's go live to john hendren in washington now john for a president who isn't shy about making his views known on social media for example trump has been quite quiet on the latest there revelations whereas before he always kept on saying no one knows if it's real. that's true he was just asked in the past couple of hours about startling reports that the saudi government is prepared to release a statement acknowledging that was murdered in that consulate but that it happened during an interrogation gone wrong by rogue elements who were not authorized by the crown prince mohammed bin some on that is a shocking report if true we will know eventually if the saudis actually release that the president was asked about that and he said nobody knows if that's true and he hasn't expre

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might prompt you is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well later the u.s. president commented on media reports that saudi officials might say could shoji was killed during an authorized interrogation and we were very very close with the riviera with your team and they are working together to figure out what happened and they want to know what happened also so a lot of people are working on it. and will be bound very much i will say i read everything but nobody knows it's an official report so far just the rulebook the rumor reportedly you know. so many moving parts really to this story that just aren't fitting together for many people watching what's unfolding out in turkey and that includes really politicians in the u.s. as well who are voicing real concern. that's right so that story has been met with varying degrees of inc

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state mike promptly who is known as we to saudi arabia what he asks and what he's told we will dictate what america does next al-jazeera washington. let's bring in our white house correspondent kelly hellcat now she is joining us live from d.c. and i want to ask you can really why is the u.s. secretary of state mike pompei o traveling to saudi arabia over the disappearance of a journalist when president travels says that he believes the king's denial of knowledge or involvement. well presumably it is to get the whole story and so that is something that the president has made him for a few days now that he's interested in doing that he wanted to get information he wanted to get the facts i think it's notable though that what we're hearing from the president is that he has had a conversation with king solomon but not the crown prince who we know has been calling all of the shots now the question will be whether or not pay zero also

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford see they won't be growing. u.s. secretary of state might bump u. is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington well later the u.s. president commented on media reports that saudi officials might say that she was killed during an authorized interrogation and we're working very well so you really are with your team and they're all working together to figure out what happened and they want to know what happened also so a lot of people are working on it. and will be bound very much i will say i read everything i could but nobody knows it's an official report so far just the rule of the rule reporting from you know our correspondent john hendren joins me now live from washington d.c. and for several hours now we've potentially been hearing about a significant statement that may come from the saudi kingdom and that's being reported specifically by the u.s. media was a lot about. that's righ

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be going u.s. secretary of state might promptly who is known as way to saudi arabia what he asks and what he's told me will dictate what america does next alan fischer al-jazeera washington. well john hendren has us live now from washington d.c. so a lot of varying breaking news coming out on this john one the one from istanbul of course the attorney general's office confirming they have found evidence linking basically supporting the suspicion that she had been killed in the consulate also american some american news networks reporting that the saudi embassy is getting ready to say that actually it was an interrogation gone wrong so what kind of reaction are we getting from the united states to all of this. well this is really just unfolding as we talk barbara so the first reports in the wall street journal is the latest media company here in the united states to put this out is that the saudi arabian government is considering acknowledging that because soji

j.p. morgan chase bank top international finance figure jamie dimon and the chairman of the ford motor company bill ford say they won't be growing. u.s. secretary of state might bump you is known as way to saudi arabia what he asks and what he's told me will dictate what america does next. washington. well meanwhile a planned celebration of saudi national day in washington d.c. on thursday has been canceled after the latest developments over shuggie let's get more now from john hendren who joins us live now john the saudis for years have been a real p.r. exercise in the west especially in the united states so what a big deal for them really to cancel the saudi national day celebrations but i suppose considering the atmosphere now in washington it just wouldn't have been that the thing it just would have looked so bad for them to have a major celebration this upcoming thursday that was the day they were planning on doing this at a time when everybody is talking about the disappearance of this u.s. resident journalist in istanbul at the saudi consulate and of course these stories that he was mur

deficit increases so do big bank profits j.p. morgan chase the largest u.s. bank by assets has reported better than expected the third quarter results including a massive sixty percent increase in consumer banking profits of four billion dollars in the three month period bank of america also saw an increase with profits of thirty two percent over the well over last year and also beating expectations are goldman sachs as new c.e.o. david solomon took the helm of the bank on october first citi group which saw loans and deposits climbs also did well and wells fargo bed wells fargo increase shareholder equity year over year as did p. and c. financial it seems the ability for banks to charge more for loans with these increased. interest rates by the fed coupled with the trump corporate tax cuts are facilitating the pronounced profits as they note eat quarter since the great recession the u.s. financial sector is not only made a profit it has made a larger profit than any other sector of the u.s. economy. and some said the market watchers are starting to note that s

deficit increases so do big bank profits j.p. morgan chase the largest u.s. bank by assets has reported better than expected the third quarter results including a massive sixty percent increase in consumer banking profits of four billion dollars in the three month period bank of america also saw an increase with profits of thirty two percent over the well over last year and also beating expectations are goldman sachs as new c.e.o. david solomon took the helm of the bank on october first citi group which saw loans and deposits climbs also did well and wells fargo bed wells fargo increase shareholder equity year over year as did p. and c. financial it seems the ability for banks to charge more for loans with these increasing interest rates by the fed coupled with the trump corporate tax cuts are facilitating the pronounced profits as they note eat quarter since the great recession the u.s. financial sector is not only made a profit it has made a larger profit than any other sector of the u.s. economy. and some said the market watchers are starting to note that s

final day of a well a volatile week the gains followed powerful earnings reports by leading banks j.p. morgan chase wells fargo and citibank they reported higher profits and said the u.s. economy is strong but echoed comments by the country's treasury secretary he said fundamentals are strong and called this week's losses a natural correction in a high market. so back over say yes then yes a natural correction or something more concerning and what traders reckon and how is the day wrapped up. there what we still do see is a pretty solid and pretty healthy u.s. economy so it is possible that this might just be a correction in an overall still ongoing a bull market but there are some signs that things could change in the future you mentioned that some of the big u.s. banks came out with their earnings reports on friday j.p. morgan for example being one of them but the stocks wall was among the bigger lou there's the head of j.p. morgan ok me die and he was jamie dimon he was pretty cautious looking at the future with higher interest rates was trading right problems there was higher tariffs and so on

its began to lose ground the small recovery thinks the powerful earnings reports by leading banks j.p. morgan chase wells. and citibank a reported high profits describing the u.s. economy is strong that echoed comments by the treasury secretary he said the fundamentals of solid and called this week's losses a natural correction in a high market. but see what frankfurt traders think our very own current boozing is that the stock exchange. that graph behind you looks full of doubt. absolutely ben investors here in germany remain very doubtful and i think also in the united states too much optimism isn't warranted either despite today's recovery of the dow jones the s. and p. five five hundred and the nasdaq index on a weekly scale all of those leading share indices in the united states are still down around about four percent and those banks which reported their earnings today yes they came up with higher profits but in terms of guidance what they have what they had to say was rather underwhelming so it's probably a good idea for investors to stay alert now market turbulence is not good for a company

j.p. morgan chase, the whole banking sector, even though they are set to present earnings and would normally benefit from rising interest rates, they were hit as well. let's go to the next panel a big movers. facebook and delta, which reported positive pricing control, they are raising fares. berkshire hathaway and amazon, some of the big decliners. let's take a look at square. this is a fascinating stock. it is a momentum stock. it has more than doubled year to date going into this week. it has lost $13 billion in market value this month alone. as much as 16% intraday, which got pared by the close. isn't this a sample of a stock that is being oversold? or perhaps this is the beginning of a slide that is here to stay. volumes, surging above the 30-day average. the s&p dropped below the 200-day moving average for the first time since april of this year. what are the technicals telling us? su: this is the big concern. let's go right into the bloomberg. gtv is where you can find our library of stocks. s&p 500, dropping below the average. where you can see this slice right here, this moving aver

j.p. morgan chase and wells fargo and city bank. j.p. morgan is the one to watch. friday morning if it's good, we could have a turn around around the market could look different to close the week. market can change. remember, we made brand new highs in the dow. i wouldn't panic. if you're in retirement, you might be panicking because of the sell off. if you have a long way to retirement, three years or more, stay in the market, we're not anywhere of changing. i think the market is strong. i believe the market closes very strong into december just like we started the year. we're going into earnings season. i'd say be worried if we weren't going into earnings season. because we are, a lot of the stocks that don't look so good, all the text and the banks, too, could be completely 100% different after they report. >> neil: you might be right. i know they say history doesn't repeat itself but it can rhyme. what rhymes here to me is some of what was going on in 1987 the week before the crash when the dow was in sort of dropping off the days before and there were hints of

slowly losing ground the small recovery is thanks to powerful earnings reports by leading banks j.p. morgan chaseells fargo and citibank they all reported higher profits and said the u.s. economy is strong at a code comments by the treasury secretary he said fundamentals is solid and cold this week's losses and natural correction in a high market. that's what frank traders think out very young conrad blues in is at the stock exchange conrad that graph behind you looks full of doubt. absolutely investors here in germany remain very doubtful and i think also in the united states too much optimism isn't warranted either despite today's recovery of the dow jones the s. and p. five hundred and the nasdaq index on a weekly scale all of those leading share indices in the united states are still down around about four percent and those banks which reported their earnings today yes they came up with higher profits but in terms of guidance what they have what they had to say was rather underwhelming so it's probably a good idea for investors to stay alert now market turbulence is not good for a company goi

final day of a well a volatile week the gains followed powerful earnings reports by leading banks j.p. morgan chase wells fargo and citibank they reported higher profits and said the u.s. economy is strong but echoed comments by the country's treasury secretary he said fundamentals are strong and called this week's losses and natural correction in a high market. so back over say yes then yes and natural correction or something more concerning and what traders reckon and how is the day wrapped up. you know what we still do see is a pretty solid pretty healthy u.s. economy so it is possible that this might just be a correction in an overall still ongoing a bull market but there are some signs that things could change in the future you mentioned that some of the big u.s. banks came out with their earnings reports on friday j.p. morgan for example being one of them but the stocks wall was among the bigger the head of j.p. morgan ok me die and he was jamie dimon he was pretty cautious looking at the future with higher interest rates was trading right problems there was higher tariffs and so on and so fo

j.p. morgan chase refuses to go as of yesterday this is a main sign that the most important bank hence the bankers and so on so forth are not excited are shunning the conference now why would they do that i don't think

bank j.p. morgan chase just announced its chief executive jamie dimon who is close to the american president, won't go. ford says its executive chair is no longer attending even though they say that is due to a scheduling conflict. all that really important because the conference is a key part of the kingdom's brand-new vision 2030, a massive social and economic effort to completely transform the country. meanwhile, u.s. treasury secretary steve mnuchin still plans to attend the event, but that may be later in the week. >>> well, cnn is one of the -- >> so, it is a very important subject. regarding secretary mnuchin, i spoke to him last evening. at the moment, he is intending to go because of the importance of the issue of ending terrorist financing. but, again, along with the president and the general investigation, mr. mnuchin will makeup his mind as the week progresses. >> cnn is one of several media outlets who pulled sponsorship from the conference, cnbc and the financial times, bloomberg. khashoggi's disappearance is having an impact on saudi arabia's stock market. will the world markets be n

banks. j.p. morgan chase, wells fargo, pnc financial. analysts will watch for details about loan growth.s a key metric. >> neil: thanks, deidra. 1,400 points in two days. 5% of the dow jones. nothing like in 1987 we lost 508 points but that represented a quarter of the wealth in the dow. that was then, some perspective that could be timely and important now. when i walked through a snowstorm for a cigarette, that's when i knew i had to quit. for real this time. that's why i'm using nicorette. only nicorette gum has patented dual-coated technology for great taste. plus intense craving relief. every great why, needs a great how. doespeninsula trail?he you won't find that on a map. i'll take you there. take this left. if you listen real hard you can hear the whales. oop. you hear that? (vo) our subaru outback lets us see the world. sometimes in ways we never imagined. your insurance rates a scratch so smallr you could fix it with a pen. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of thei

j.p. morgan chase will leave the offering and along with other additional banks still hold smaller rules. valuation is expected to pass. it was valued at earlier this year. things are okay right now. i just checked things are back up and running. but youtube went down worldwide. they saw a half loading page with subscribed channels but no videotapes. it was aware of the issue and working on it. in an hour later they said the problem would fix. they did not say what caused the outage. they started trending on twitter is a did not know what to do with their free time. we can have a conversation based on that. thank you very much. we will see you in a bit. if you are feeling lucky go out and buy a mega millions ticket. last night's drawing have no winner. the highest price that number now soaring to $868 million. it will be on friday. in the meantime it is tonight with the jackpot of $345 million. i will watch out for them. they made some money yesterday this way. see how futures are trading over yesterday's big rally. and also coming up. watch out amazon, who in disney. netflix just showed

sources tell bloomberg to the group, deutsche bank, goldman sachs, and j.p. morgan chaseikely to win mandate. the business has a value of $33 billion according to bloomberg intelligence. next ceo at paragraph will be the company's head of commercial aircraft. him when heplace leaves next april. he has been ceo since 2012. goldman sachs has an expansion of its online lending platform. bloomberg has learned they have cut their target for next year. the revision reflects goldman growing more cautious on the consumer index market. that is your bloomberg business flash. we have breaking news. google says it is shutting down google plus for consumers. saying it is shutting down google plus, and shares of google are down two point 2%. although it must be said we are seeing a tech selloff today. this is bloomberg. ♪ is is bloomberg. ♪ this is "bloomberg markets." i'm vonnie quinn. natural gas futures are rising the most since january. forecasts show cooler weather heading to the u.s. midwest and south. here to talk about why it is on the cusp of entering bull market territory is

j.p. morgan chase and goldman sachs. so here you have an exemplary example of a bank doing what bank should be doing in north dakota and during the crisis it did not suffer it did not require bailout it remain it's up and running it is profitable so i guess you're benchmarking him out as an example for the projects in los angeles right where we get pushback on that because if you both there are one hundred years ago and we had this matter north dakota headset. but it's an excellent model and you can like germany where that has that strong spark as and. half their banks are publicly are and are in the public sector and they hold that one thousand forty five of their economy was absolutely crashed and now there's strongest economy in europe so how did that happen then they claim a lot of credit for that so many mouths china's a good model ok probably being talked about in the in a minute or so in here so janet yellen member former fed chair she's talking about the next big financial crisis she's just suggested when it happens the fed to start buying stocks in the open market. i guess what we've seen a switzerland in other place

j.p. morgan chase international, former head of the bank of israel, given the news, given the story that bloombergt the treasury department is not leaning towards declaring china a currency manipulator, that's where it started the conversation. in part, this may be because there are so many things on the plate, in terms of trade scrimmages. maybe they decided not to push this point where the criteria really don't necessarily support china being a manipulator. i did press him on the point of what is driving the yuan, is this an appropriate place for it to be? here is what he said. jacob: what we have seen in the foreign exchange markets is much more than the chinese currency story. an exchange rate is something that links two currencies and reflects policies on both sides. -- ader to be a counter manipulator, there is criteria. angst the trade war continues, and there's concerns it will in fact the global economy. so far this week, we have been hearing people think it is in good shape. another theme i have heard expressed by more people the last couple of days is a broader question. it will take mo

j.p. morgan chase and its predecessors have had these bits of instability. bank of america and continental illinois came together with their own separate paths back in time where they had instability but i think one reason to trap city is because the lineage was a lot more clear from about 1812 through the 1990s were there wasn't much in the way of mergers it was mostly just organic growth so it's an easy path to follow and it was a lot more complicated than the last issue i think to mention the stories that we found as we dug into the history was perfect for the journalistic storytelling approach. once we decided city was the one that was a bit of an extra bonus that there were all these personalities tha but blended themselves to storytelling. >> >> i should thank you as well for having us. we benefited from your work thank you for bringing these esteemed scholars. if the country's largest bank for much of its history and i think what was really striking about the research i as you had this long period where it is an independent institution and not only is it s

week the big banks report next week so it's going to be a very exciting time to watch the market which are which are the big ones you'll be looking for next week melissa j.p. morgan chase is one of the big ones out next week and of course wells fargo city that is and those are all the big banks to watch and goldman sachs although i don't sure if goldman reports next week i have to check the day the biggest though earnings week to watch is not coming up until the end of the month that's when apple reports and amazon and google and amazon reports of the twenty fifth so that last week of october first week of november is the busiest when you have the tech companies but it starts next week so next week is the launch of the earnings season with the big banks and you should see some movement so again with interest rates rising you have the bank stocks rally and that is one of the reasons also why you've had the list in the market and i guess we'll have on friday the jobs report too so we'll also be looking toward see if that has any impact i guess if it's just about the same a couple hundred thousand jobs not march but maybe there's an outlier that in the next two days thurs

others have also pulled out of the event, including the heads of the world bank and the imf, top executives from j.p. morgan chase, uber, blackstone, and "the new york times" and every other major western news media organization. meanwhile, also in turkey, it is believed that there was a car accident in one of the 15 hitmen was killed. we will have more on the latest of jamal khashoggi after headlines. at a rally in montana thursday, president trump praised montana congressman greg gianforte for physically assaulting a reporter. pres. trtrump: greg isis smart. anand by the wayay, never w wree him.m. never. any guy ththat can do body slam, he is my kind ofuyuy. he is my g guy. amy: last year, gianforte body-slammed the guardian reporter ben jacobs after he asked gianforte a question about the republicans' healthcare proposal. this is the audio jacobs captured of the attack. >> i will talk to about that later. i am sick and tired of you guys. the last guy that came in here did the same thing. get the hell out of here. you just broke my glasses. >> the last guy did my same damn thing. >> i would also like to call t

banks. what are we expecting? be withkickoff will wells fargo, citigroup and j.p. morgan chase. n see they were down with the market, but clearly the rise in interest rates has been benefiting banks. they are leading the run-up's in prior sessions. in terms of what analysts are looking for, loan growth, trading revenue among key things. you should note the ceo jamie dimon said banks could be entering the golden age. there is a lot of debate whether this raises an issue of profitability and concern by investors. could it be as good as it gets? look at the other stocks. there has been a lot of volatility in stock performance. credit suisse says this quarter should be fine, will be more about the look forward. economy, but they tamped down expectations for loan growth, which is what analysts and investors are focused on, and particularly what the focus to be for the banks in terms of their outlook. question markss over what oil does from here. look at data from hedge funds, they have pulled back on their bold positions that brent goes brentl positions that goes higher. what is behin

for the third quarter to be up 22% in revenue up 8%, kicking off the week with big banks citigroup, j.p. morgan chaseff the third-quarter earnings reporting season joining us to talk about the backdrop and new products is the co-ceo founding partner, great to see you thanks for joining us. >> thank you for having me. >> here you are in a market, that is at record highs, launching 8 months ago two new exchange traded funds tell us what you launched. >> this is really a financial innovations company we are -- we are not typically asset manager we basically take ideas that are really found in academics, we make them commercially available to the market first sets of products two products that were proposed by academic michael brennan in 1998, to take index break into claims one claim would be, essentially a price only claim, the other one is just a 0 year claim on dividends of the index, so the best example that we try to get people you go into a grocer want on the buy eggs they don't sell 12 chickens. so the person -- >> [laughter]. >> the person interested in just dividends without price risk can do t

you know, the big names, the red banks, the blue bank, they're all struggling today about 3% down. i'm talking about j.p. morgan chase>> shepard: for people on fixed incomes, they've been waiting for a place to put money. treasury bonds, close to 3% over three months. that's better than we've seen in a long time. >> so you have to think that the products for sabers will improve as well over time. they haven't done that much yet. we're expecting to see more and proper improvement there. let me tell you, another interesting thing going on today. some of the techs, facebook and netflix in bear market territory. what does that mean? down 20% or more from their highs. google and amazon firmly now in correction territory. amazon, as you know, has had this stellar performance. so the fact that they're down 10% is, you know -- it is what it is, right? >> shepard: yes. doesn't stop the boxes from coming. and now down 284, 287. that's not the direction you want but it's better than down 500 what is what it was. >> shepard: an hour ago, we were down 600 going oh, what's happening now? recovering. i like it. great to see you. >>

banking sector. what are principles of leadership that washington needs to learn from corporate america. >> i run j.p. morgan chase. we see everybody all the time. i've never said i don't like them or this one. we have to see them. just try to have a conversation and understand their point of view. tell me if you think they're wrong and why and every now and then they say something that smart and you find out there's a better way to do it. try to be open with people. we have good people involved in policy. democracy is tough. i know what my job is. you have to compromise. that's what a democracy is. i don't want to put that highway there but i'll put it there if you build the school i need. there's nothing wrong with that. that's what they try to do in congress. when they become very partisan it stops good policy. i don't care that there partisan eye care that were not get the good policy for the average american. we should find common ground. people should have dinner together, even my company say take people out to lunch that you're not comfortable with. someone and find out what they believe have those conversa

the bank earnings that came there that undermined and put a floor on the market selling. double digit market gains by j.p. morgan chase, wells fargo. interesting comment from j.p. jamie dimon. he says he doesn't know any president that has not criticized the fed for raising interest rates. now on the other side of the trade, we had consumer technology names. the big technology ones, the fangs as we call them, facebook, apple, netflix, google. amazon and netflix drove the comeback today. so we're in the middle of earnings season. this is the heavy part of it. looks like expectations are priced for a good profit return. as you know, neil, markets trade on expectations. and the outlook going forward, what do we hear about tariffs? higher oil prices and the economy. back to you. >> thanks very much. susan li. interest rates weren't the only factor here. there were concerns that for example ford recording that their business sales fell 33% in china. that unnerved a lot of folks thinking it wouldn't be that big of a deal. it was a very big deal for ford. now to lauren simonetti in new york city on how average folks are putt

banking sector and a very large organization. what is some principles of leadership that washington needs to learn from corporate america?>> i run j.p. morgan chase, so we go see everybody all the time. i've never said, i don't like them or i don't like this one policy. we have to see them, we say presidents and prime ministers around the world, and just to have a conversation. sometimes every now and then, they say something that is really smart, and you go back to check and there is a better way to do it. we are very open to everybody, we have a lot of very good people involved in policy. democracy is tough, i know what my job is. but, the nature of democracy, you have to compromise. i will put a highway there if you build the school i really need. there is nothing wrong with that. there is no other way. that is what they try to do in congress. they become very partisan, and it stops good policy. i don't care that they are partisan, i care that we are not getting good policies in america. we should find common ground. i think people should have dinner together. even my company, i tell you, gopi -- go to people out. find out what it is they beli

banking center, a very large and complex organization. what are some principles of leadership that washington needs to learn from corporate america? mr. dimon: thank you for this kind words. i run j.p. morgan chase and we go see everybody all the time. i have never said i don't like this one policy. we see presidents and prime minister's around the world. have a conversation, understand their point of view. every now and then they say something smart, you check and there is a better way to do it. we try to be open with everybody. we have a lot of good people in policy. a democracy is tough. i know what my job is, but politicians have to compromise. that is what a democracy is. i don't want to put that highway there, but i will if you build the school i need. there is nothing wrong with that. there is no other way. that is what a democracy is and that is what they tried to do in congress. when they become very partisan, it stops good policy. i don't care their partisan, i care we are not getting good policy that hurts the average american. it hurts them much more than me. we should find common ground. i think people should have dinner together. even my company, i tell them, take people out to lun