i met carolyn and jamie's family.en should have no guilt over that. >> with the casey family as witnesses, matthews was executed three years later. >> if there is a lesson to take from this story, it is one that comes directly from a survivor herself, someone who has learned the hard way to cherish life's moments, each and every one. >> it makes you realize how fragile your life is and that anybody can take it in a moment's notice. the story for them, that's it. that's their life story. the final chapter has been written. for me, i get to keep going on. >> what would you call yourself? >> people have called me a survivor. i would call myself lucky. >> that's all for this edition of >>> don't let the democrats take it away from us. can't come in, i'm sorry. >> the former president back in the spotlight with a message for the future. >> there are a lot more people like you out there who would rather build than tear things down and would rather bring people together than split them apart. >>> it's a marriage made in

jamie: they're almost bankrupt. lemonis: and when i said to you, "i don't know that i want to be here," your response was, "don't walk out on these guys. they're like our dads." ...share some secrets... donna: i don't feel respected. i don't feel you've taken me seriously. lemonis: i think donna finally felt liberated where she could speak her mind. she ended up getting fired. amber: wow. lemonis: ...and give you an honest assessment of my decisions. you said to me that you thought the business was worth $50 million. to me, i think it's worth 50 bucks. it's frustrating. i didn't go with my gut. i went with some other emotion. amber: right. lemonis: that wasn't intelligent. my name is marcus lemonis, and this is "an inside look." man #3: all right. here we go. cameras rolling, camera speeds. man #4: audio speeds. man #3: all speeds. all right. guys, whenever you're ready. amber: let's do, like, a clean one without that pillow. lemonis: okay, let's tell them, "tonight on 'the profit'"... amber: tonight on "the profit"

and ceo jamie diamond offering a dose of assurance. saying, quote, even amid some global geopolitical uncertainty, the u.s. economy continues to grow inflation is moderate, financial markets are healthy. do you agree with jamie diamond that everything is awesome >> absolutely. we've been telling our clients for some time that the growth and global growth is made up of the usa and emerging markets jamie echos what's happening in the u.s. this takes off the fears, the rhetoric that everyone is talking about about inversions, recessions, and getting back to business of high quality companies delivering high quality earnings. >> you know what they liked more than the comments? the numbers. up 4.5%. >> the consumer bank at j.p. morgan saved the day that's where the growth is

i'm jamie colby for "strange inheritance."r years of scouring the ocean floor, a treasure hunter with a simple motto... >> today is the day. >> today is the day. >> today is the day. >> ...hits the mother lode. >> ...a shipwreck, which had 40 tons of gold and silver and copper on board. >> when his heirs cash in, collectors grab a piece of the action. >> a gold chalice. $100,000 to open the bid. >> but this treasure hunt is far from over. >> is it true that there's a 40-pound bag of emeralds down there? >> it's 70 pounds of emeralds. >> could you look harder? i'm jamie colby, and, today, i'm driving into key west, florida, in search of treasure. you know, years ago, spanish galleons and pirate ships sailed upon and sank in these waters. more recently, the island's been home to the heirs of a man who became rich and famous searching for the treasure left behind. >> my name is taffi fisher abt, and i inherited a wreck. i mean literally a wreck, a spanish shipwreck. it's an incredible archeological find, and we keep bringing up m

maria: more from jamie dimon coming up.my exclusive interview this morning beginning at 8:00 a.m. eastern, where we talk about the odds for a china deal getting done, his take on testifying on capitol hill last week as well, all coming up next hour right here. first, we'll take a short break. when we come back, we're watching earnings. we'll bring you the numbers from the blackstone group and phillip morris, better than expected this morning. the mueller report, democrats are slamming the release of the redacted version now, they say it will be following a press conference with attorney general barr at 9:30 a.m. eastern. they don't want the a. gorks havg. to havea press conference. the controversy, coming up. ♪ when my feet hit the ground. ♪ i just need, i just need you. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get some

jamie diamond is here. breaking news on his optimistic view of the economy.e said growth should continue for the next couple of years. no recession. plus his reaction to testifying in front of the congresswoman maxine waters, house financial services committee and of course, his news on succession. j.p. morgan announced two major promotions this week. jennifer -- named chief financial officer while the outgoing cfo, has been named the new ceo of the consumer lending business. the most important business they are paired with lake considered by many as a possible successor for jamie dimon i asked about his plans for the future and white includes two women at the top. >> with you know lake is just an exceptional cfo. the brainpower, character, capabilities moving on to be the direct line for all -- and john was a co of credit card pay she's been there and become the new cfo and she has character and talent and brains and distrusted by people. it's a wonderful thing to move people around.it is fun for them, and the job for a while. that's why we did it. >> these

more my interview with big bank ceo, jamie dimon.ck. ♪ ♪ ♪ ♪ when heartburn hits, fight back fast with tums smoothies. it neutralizes stomach acid at the source. ♪tum tum tum tum smoothies. also available tums sugar-free. ♪ ♪ welcome back to a special edition of wall street this weekend coming to you from louisville kentucky. part of my inclusive interview with one of the most respected leaders in business today. jp morgan chase chairman and ceo, jamie dimon. you mentioned wages. you raised minimum wage a while ago. bank of america followed your lead.now talking about $20 an hour in the next couple of years. do you worry about the impact of that on small business? a little small business owners a a fact to raise them in which 18 or $20 i had to cut jobs. >> i understand that. i do, i think first of all, it's not terrible, i think is different when people raise the minimum wage it might drive some of the business. i think locally, -- for companies that compete, today, the first time in like a long time, low and wages are like 20 perce

new plan for the us to forward position heavy war fighting a quick meant at a police airbase that's jamie shea spent almost four decades at nato as a spokesman but also an expert in what are called emerging security challenges and while dealing with russia and its hybrid work or tactics still top the list of challenges for nato the now retired shea warns the alliance must look further afield to be fit for the future because obviously china is the rising power it's already in europe of blowing up infrastructure influencing the future of artificial intelligence technology it's going to be a massively more important factor in determining twenty first century security to russia or all googly any other country outside nature of the countries inside or shaping nato's future to the next enlargement will be to north macedonia which changed its name to settle a dispute with greece that earned an almost immediate invitation to join pending the approval of the other twenty nine allies. they didn't waste their time they didn't drag their feet and that's remarkable for an organization of twenty nine m

jamie dimon says it well. if you are a lot smaller, does your work go to small banks in my district? if you do not bank the big deals you bank, they don't go to small banks. don't they go to the bank of china? doesn't your business go somewhere else? go to largerld banks overseas who can do the business. >> this means we have less influence in the global financial markets. would you say we are leader in global finance? jamie: i think america is a leader and i hope to god we remain that in the foreseeable future. mr. duffy, we have members that are waiting. rep. duffy: you took 10 seconds from my time. >> go ahead and take another five seconds. rep. duffy: maybe i will follow youn regard to what impact have on global sanctions that come from america on foreign countries that are bad actors that take place in your global finance. missouri,tleman from it was also the chair of international development and monetary policy is recognized for five minutes. >> thank you, madam chair. i want to follow up just slightly.

more my interview with big bank ceo, jamie dimon.back. ♪ limu emu & doug what do all these people have in common, limu? [ paper rustling ] exactly, nothing. they're completely different people, that's why they need customized car insurance from liberty mutual. they'll only pay for what they need! [ gargling ] [ coins hitting the desk ] yes, and they could save a ton. you've done it again, limu. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. welcome back to a special edition of wall street this weekend coming to you from louisville kentucky. part of my inclusive int

jamie dimon is the head of jpmorgan chase bank. $31 million a year and pays lobbyists millions and millions to handle his lobbying interests in washington and to prepare him specifically for things like testifying to congress. but lobbyists cannot anticipate katie porter representing the 45th congressional district in california with irvine as her biggest city. she began her questioning of jamie dimon this way. >> i went to monster.com and i found a job in my hometown of irvine at jpmorgan chase that pace $16.50 an hour. >> the lobbyists never saw that one coming. katie porter then did the math on what that income would be on an annual basis. and for a the hypothetical job applicant who is a single mother with one child. that job would leave her with $29,000100 a year after taxes. jamie dimon is no doubt good at math but not used to working with such tiny numbers. so katie porter laid out what the financial life looks like of someone getting a entry level job in the company where jamie dimon makes $31 million. >> should $2,425 a mo

francine: as we go through the letter jamie dimon has written to shareholders, it starts with its own bank saying he is prepared, the bank is prepared for but not predicting a recession. they prefer to use capital to .row rather than buyback that seems a dig to some of their rivals. tom: we are seeing not only a statement that mr. diamond -- dimon suggesting that share buybacks have a place in finance. the american dream is alive but fraying for many. he must have a proper diagnosis of our problems. the issues are real and serious. the issues are all fixable but only if we set aside partisan politics. one of the joys of this letter as it is written in jamie dimon's voice, not a bunch of handlers. ceo's, your country needs you.

more my interview with big bank ceo, jamie dimon.right back. ♪ ♪ ♪ there are roadside attractions. ♪ and then there's our world-famous on-road attraction. if you've never seen yourself in a mercedes, you've never seen these offer. for just $479 a month0 at the mercedes-benz spring event. hurry in before april 30th. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) ♪ ♪ welcome back to a special edition of wall street this weekend coming to you from louisville kentucky. part of my inclusive interview with one of the most respected leaders in business today. jp morgan chase chairman and ceo, jamie dimon. you mentioned wages. you raised minimum wage a while ago. bank of america followed your lead.now talking about $20 an hour in the next couple of years. do you worry about the impact of that on small business? a litt

britney's dad, jamie spears, has acted as her conservator since 2008.esterday, at a rally in west hollywood, protesters argued that it's time for the conservatorship to end. mental health, but we can speak to what we've seen as fans and as the public and what she's able to do. ♪ piece of me >> britney's vegas residency grossed almost $138 million. >> i certainly hope that given the amount of very suspect issues at hand, that there's some kind of an independent investigation done into the circumstances under which this woman has lost autonomy ove her finances and personal life. >> this father actually saved britney's life. >> dr. howard samuels believes jamie is working with specialists so britney can get the help she needs. >> the treatment team would give that's why i really feel britney is extremely lucky to have her father have her back like this. >>> let's move on to the latest developments in the college scam. lori loughlin filing her first defense move. this, after her "fuller house" co-star speaks out. >> she pled not guilty recently to those con

i'm jamie. >> hi, jamie.r inheritance, this magnificent car, but when we're done, you got to take me for a ride in this. >> all right. we'll see about that. >> i'm on my best behavior. >> okay. >> to appreciate the car, says matt, you first need to know about his dad and why his 1967 corvette meant so much to him. keith litavsky is born in lisle, illinois, in 1944. world war ii is drawing to a close. the cold war is about to begin. america is leading the charge, and nowhere is the country's muscle bolder than on american roadways, which gm, ford and chrysler are pumping with some of the coolest cars on earth. >> now it wasn't all about just having a four-door family car like it had been in the past. >> auto analyst john kraman. >> the manufacturers jumped on board with a variety of high-performance cars, wild colors, the styling really affected by the aviation theme with the big fins and and the wild, futuristic styling. >> no wonder keith loves cars from boyhood. long before he gets his license, he settles o

. >> jamie spears recently had surgery. >> she's been a quay feature in why she's been stable with her psych yatic condition. >> what did you need therapy for? >> there are periods in everyone's life where you get reclusive and your creative outlet is cut off. ♪ >> meanwhile, britney is getting a lot of love and support. this morning her mom lynn spears shared an encouraging keep going post. her boyfriend sam asghari calls her treatment a sign of absolute strength. brit's ex kevin federline has custody of their two boys and is caring for her now. he commended her for recognizing she needed to take a step back. and so much love from celine dion, whose vegas residency is across the strip from britney. >> right now, she needs courage, so i'm sending her all my courage and inner strength. >> "e.t." has been by britney's side since her breakout hit in 1998. ♪ hit me baby, one more time >> she told "e.t." it was her family that kept her grounded. >> this entertainment business has not affected me at all. i'm still britney. the way i was raised has a lot to do with suffered a public breakdown

i'm jamie colby. thanks for watching "strange inheritance."an't take it with you. >> beauty's in the eye of the beholder. so meet the beholders. >> these paintings just did not appeal to me. and i don't think they appealed to my wife, either. >> i said, well, i guess the salvation army is as good as anyplace. we don't want them. >> but one man's trash... >> it just knocked my socks off. >> we have $50,000. >> within a few weeks, everybody knew about it. >> ...is another's treasure. >> did you ever consider stopping? >> there is a point we all have to stop. but no. >> i'm jamie colby, and today, i'm in denver, colorado. i'm meeting a retired couple who relocated here to be close to family. it was that move, or rather the downsizing that preceded it, that brought this inheritance surprise to light. >> my name's don camp. i don't know a thing about art, and i doubt you'll disagree when you hear about the two paintings that sat in my basement for years. >> don, phyllis, i'm jamie. >> jamie, glad to meet you. >> you have a beautiful home. don and p

so jamie dimon will walk in and say, listen, regulations were good. everything was positive.rything is going well. but the problem is for half the country, it's not. for all of the people who suffered during the financial crisis, their credit scores are destroyed. almost half of the black people in the united states, 44%, their credit scores are below 620. they're locked out of the banking system. if you see of the americans who don't have $400 for emergency, they're screwed. but is it these bank ceos' responsibility to fix it? that's what we're going to hear today. >> stephanie, there's a lot of impact in what just said. and an important question. first of all, i have to tell the viewers i wrote three books that were highly critical of wall street. one book that was trying to defend the basic things wall street does that we often forget. what has thanked in ten years? you're right. they took t.a.r.p. money and paid it back with interest and more. remember, the government got more -- >> gofvernment made money on al of that. >> the banking system is obviously much safer than i

that children could one day be affected has that jamie to campaign for tougher gun laws she was invited by how congress representative. as a guest of president trumps state of the union address jamie hope the president would tackle the issue of gun violence in schools he was left disappointed it was offensive in a way because he knows it's a problem there's no reason why we can't reinstate the assault weapons ban. there's been action before we can take action again and i think we need to forty thousand people a year are dying because of something it's guns and it's time that we tackle it from a legislative approach we can do the proactive things with mental health and we can educate the children and try to create that change of culture but that takes time legislation we can do now want to say her in the meantime her trying to hold such children tight and hopes that they will never have to face the turmoil she's experienced over the past two decades. and here's a reminder of the top story that we're tracking for you right now gayla best protesters have clashed with police and set fires i

i'm jamie colby for "strange inheritance." "strange inheritance" story you'd like to share with us? we'd love to hear it! send me an e-mail, or go to our website -- strangeinheritance.com. >> announcer: a veteran of the battle of the bulge squirrels away enough old military gear to supply a platoon. >> it was in boxes, gun cabinets, closets. >> they couldn't even get access to their master bathroom, it was so clogged with stuff. >> it was one of those finds you get once in a lifetime. >> announcer: uniforms, weapons, plus plenty of surprises. >> this is worth $50,000?! does it work? >> announcer: and what's up with this bullet-riddled log? >> it was usually wrapped in a blanket in a bathtub. >> in a bathtub? >> in a bathtub. [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] >> i'm jamie colby, and today i'm driving along the southern california coastline in san diego. i'm here to meet a woman who says her strange inheritance took her on a journey to meet someone she never really got to know when he was alive --

what did you make of jamie dimon's letter? >> i thought jamie dimon's letter was fascinating. letter, part candidate application almost. it seemed like he was getting ready to run for president. i don't think he will actually do that but he spent a lot of time talking about the public policy ills that we have, everything from capitalism versus socialism to student debt to infrastructure, to excessive regulation and laid out potential solutions. while i didn't agree with everything he said especially on his take on capitalism versus social programs i thought it was just a very interesting take and certainly a must read as his letter always is. charles: what thing didn't you agree with? what part bothered you? >> he had too much reliance on central planning and social programs. certainly social safety net makes sense to some extent but he didn't really get into the difference between centrally-planned economies and socialism. and the fact that the government is never an efficient allocator of resources. everything the government has been involved in has gotten screwed up. he did

join and nato has to think very carefully about where it wants article five to extend to a terrier jamie shea in your piece saying that the strategic this threat posed to europe by china is being underestimated by this journey community what are nato experts saying about beijing and its threat to europe i thought that was very interesting too from jamie shea and in fact as he said in my piece he said it will be more important strategically than russia which is something that you we really haven't been paying enough attention to so when jamie shea suggests is that nato set up a china commission there they don't have high level meetings regularly with china and he says that's a mistake that even that you don't have an adversarial relationship so you want to start this relationship when things are not hostile because he says china is doing things like buying up ports in europe which would need to be at the military's hands if something of a conflict did break out so nato experts are not saying enough about china according to danish say ok and perhaps this will be figuring more largely in th

jamie dimon says everything.uld make one of the two houses of congress term limits, and cut out gerrymandering. i think that would solve a lot of our problems. david: that's important -- alix: that's important! [applause] [laughter] david: that's her platform when she runs. coming up, tesla hits the brakes. model three deliveries hit the brakes -- three deliveries hit the point -- three deliveries disappoint. this is bloomberg. ♪ ♪ david: tesla shares getting crushed in premarket after a drop in deliveries. taylor riggs has more. taylor: shares are off more than 9% this morning with a slow number of deliveries, about 63,000 in the first quarter, below the 91,000 they were able to deliver in the fourth quarter. , specifically with model three, the company delivered just under 51,000 in the first quarter, missing estimates and less than the previous two quarters. this really is a setback, given that tax incentives were falling. i want to take a look at what is happening premarket. shares off more than 9%, down 265.

viewers can catch more of jamie dimon's interview this morning on "mornings with maria." cheryl: all right. we've got a lot more news and we want to of course talk about that right now. the mueller report, we are just a few hours away from the release to congress. but there is a big battle that's been brewing on capitol hill over how the probe is being unveiled to the publi pub and po congress. lauren: it's just the beginning of the action. griff jenkins is live at the department of justice with on what we can expect. >> reporter: this is the day everyone's been waiting for in washington. the entire country, along with congress of course will finally get to see that nearly 400 page mueller report in its redacted form. we expect to see two things for certain, one is more about the ties between the trump campaign and russia and there was no collusion between the two and we'll learn about the question of whether or not there was any obstruction of justice on the part of anyone. that will be very interesting. at 9:30 a.m., the department of justice building behind me, attorne

a shuffle at the top of starts a biggest bank fresh discussion about succession plans after the jamien eager. not that we are getting close to that yet, but when we do, mark my word. take a look here. we have the german bund yields, rose up to eight basis points yesterday, we are coming down a little bit below that. similar to what you would see if you look at u.s. yields, creeping higher but coming downward a little bit as we head weekend.easter that is why probably you will see a risk-off day in europe. futures, we are looking at crosses across the board regardless of what equity index you see that. dax futures down .3%, cac , ftse futures2% down a little less. less than a half hour away from the european open, that is what we see. stocks in asia flipped after the latest batch of earnings from the u.s. did little to boost their counterparts there. earnings from financials and transportation, l weathers, painted a mixed picture. from guggenheim partners, a forecast that the fed pause is pushing back the potential for a recession. >> the bounce back in the economy i think of going int

letter jamie sounds really positive.s -- are u.s. banks the only global banks left? [laughter] guest: that is a good way to put it. u.s. banks are definitely doing better. we have talked many times on this show about how they are falling behind, losing market share. japanese banks and canadian banks have done better. they are not as bad as european banks. but when we look specifically at nomura, their problem has been in europe after they bought lehman's operations in 2008. they haven't had as much success as they wanted in all the areas. come last year, they lost market share globally. equities grabbed market share from european banks. in the areas where they lose market share, they are going to cut cost. that is what banks always do when they lose market share in areas. and in equities, they are doing better, so they will probably keep people there. but u.s. banks like j.p. morgan are firing on all cylinders, grabbing market share. j.p. morgan just said a couple of months ago they even want to open more branches around

shery ahn: really interesting coming from jamie dimon himself. turn to australia because we are seeing consumer staples, now the worst performing sector. how bad is the situation for consumers right now? course, the doom and not the australia is main story, but the extent to which consumer stocks are underperforming is important. they are up this year about half of the overall market. 5% compared to an average 10% for the market or so. realspeaks to some of the pressure the consumer is facing in australia in the economy. our reporters spoke to a fund manager who summed it up pretty well -- she said weakness in the housing market is ultimately causing consumers to feel less confident and do further spending, and indeed, that is kind of what the data is showing and prices in the market are showing us. we have been hearing from the corporate side, of course. the likes of woolworths and kohl's, both sounding particularly cautious over the last couple of months or so, and of course, the rba themselves talking increasingly about the markete the housing

maria: jamie let me ask you about china because the u.s.t potential meeting end of may. what are the prospects for jpmorgan in china? did you just get approval to actually own a bank or brokerage >> the way to look at that is right now in london, hong kong, new york, we can raise money, equity debt capital, by and sell bonds and do research of four chinese companies, we can't do that in shanghai. the shanghai market today is like 20% the size of the american market it's going to be huge over the next 30 years so we want to have control over companies who do equity issuances, research, equity sales and trading, debt underwriting, debt sales and trading credit advice, mainstream media and we're getting those licenses. we've been giving michigan 51% hopefully on the path to 100% and the full licenses. we had very limited licenses before. maria: this is a really big deal because i think china is opening up its markets particularly first for the financial services industry and jpmorgan was among the first. >> and they've done a little bit and we

jamie is pretty much a moderate's moderate., democrats, he's all over the place in terms of social and economic policies, in terms of left and right. he combines them all. he basically said he couldn't really win either major party's nomination. he did stick up for capitalism. i think that's clearly a big thing. one of the things that's missing from the debate over socialism and capitalism, as you have the extremes on both sides fighting it out, is the word of the business community. they're afraid to say anything. clearly, jamie dimon wasn't afraid yesterday. point-blank talked about how socialism, which is being embraced by the democratic party, his old party, he used to consider himself a staunch democrat, socialism will lead to authoritarianism. said that point-blank. i think we need -- probably need to hear more of that from the business community. did not take any shots at donald trump. that was interesting. he and donald have gone toe-to-toe on various issues. but he did basically talk about free trade and he thinks some

jamie dimon, these people are saying enough.e're not going to sit here and let our plan be destroyed. we're going to talk about it now we have to move on. >> we do dow is up almost 100 lyft above 72. tesla off the initial lows bob pisani >> straight up, intel, boeing, caterpillar, industrial strong here semi conductors opened flat. that's been the big market leader, up fractionally, consumer discretionary, retails have been strong recently. energy opened flat it's also fractionally to the upside the battle right now is about people who are on one side or the other of the bottoming narrative. it's about europe and china and what's going on over there the basic idea here is 40% of the s&p 500 earnings are outside the united states. china and europe, the growth decline we've been talking about for six months is bottoming. this is the bull argument right now. u.s.-based earnings are strong here earnings should stabilize in the low-single digits this year. this is the bull narrative there's a bit of a problem with the bull narrative

>> i'm probably say four or five hours. >> reporter: jamie yuccas, cbs news, los angeles. >>> comingis morning," with isis claiming responsibility for bombings in sri lanka, michael morell takes a look at what it means for the u.s.'s fight against terrorism, >>> plus, the emotional return of two brothers from honduras separated at the border for six months after seeking asylum. >>> and dr. tara narula on the breakthrough treatment for 6 million kids living with adhd. >>> that's the "cbs morning news" for this wednesday. thanks for watching. i'm brook silva-braga. have a great day. -- captions by vitac -- www.vitac.com -- captions b -- www.vitac.com >>> now at 4:30, a live look outside from our sails forest camera looking east and the beautiful bay bridge. the heat is on. if you thought yesterday was hot, wait. good morning, it's wednesday, april 24th. i'm michelle i'm kenny choi. it's just about 4:30. it's already warm to start. bring on the heat. >> that's right. another hot day especially inland for today. we had record heat yesterday. we're going to come close to record heat for t

we will talk about jamie dimon's letter to shareholders.an yesterday. >> we have raised profitability over the last three years ago. when i arrived, only 40% of our numbers were above assets and today the number is 90%. we are managing the bank in a more disciplined way in terms of regulatory capital. we have sold and bought a lot of assets over the last three years. ♪ ♪ bloomberg "surveillance," francine lacqua and tom keene counting down the hours before we go to lake clooney in italy. francine: the embers that a form ruzetti form. tom is going around with rosetta stone to learn italian. i cannot wait. tom: she writes wonderful, thoughtful articles for bloomberg opinion. let's look at the american bank that will buy all of american banking. this is a complex letter from jamie dimon with some financial depth. we can see that he could talk about maybe the place of america within europe. headlines are real simple. talking about the excellence of his bank and the challenges doing forward, and the american events across the globe, and all of t

i think you can explain, jamie has been very in-depth he's been very in-depth of handling very difficult questions about congress i think that michael corvat is a little untested. gol goldman if they go into malaysia, that's a tough one >> who knows, there is so many different people on in panel, you don't know where the questions will go to one person. it is funny to see both of those banks being state street and bank of new york are globally and systemically important i don't know if we consider them particularly important >> i would not expect too many questions directed to either one of those gentlemen we'll see. >> i was joking with joe, there was one that was particularly brutal where they brought up rich people. they looked at a bunch of rich people and they let him have it. >> jamie was at those hearings following the crisis >> he did well >>. >> you had a change. it was not corbin. >> they should focus on lending banks. >> and wells fargo is not there at all >> they would have trained them. goldman has a narrative of marcus if they can explain that and new credit card. if they w

is jamie dimon correct? how should investors prepare for more volatile times ahead and which direction? volatility could mean up or down. we take it to our floor show traders. sarge, i will let you tackle this one safe and sound from the new york stock exchange. >> you know, i have been telling you probably for over a year now how to tamp down the volatility within your portfolio based on screening your cash levels higher or lower from week to week. i think that's where he's going with this. if you look, it's 51 pages, there's a lot of information here, but if you look, he seems to get where the cries of the poor are coming from. he mentions infrastructure, mentions taxing the higher end of the tax bracket a little harsher than they are taxed right now, all while steering these folks away from socialism. i think what it sounds like to me is a centrist candidate for president. what do you think? liz: i have no problem with that. somebody who is fiscally very conservative and smart and socially centrist or lib

-jamie, this is your house? -i know, it's not much, but it's home. right, kids? -kids? -papa, papa!laughs ] -you didn't tell me your friends were coming. -oh, yeah. -this one is tiny like a child. -yeah, she is. oh, but seriously, it's good to be surrounded by what matters most -- a home and auto bundle from progressive. -oh, sweetie, please, play for us. -oh, no, i couldn't. -please. -okay. [ singing in spanish ] -please. -okay. the biggest week in television is almost here. xfinity watchathon week. starting april 8th, enjoy free access to the best shows and movies from hbo, showtime, epix and more. what! whether it's more jaw droppers, standing o's upon standing o's or tv's biggest show stoppers. get more into what you're into. get ready to watch with xfinity x1 or the xfinity stream app. xfinity watchathon week. free starting april 8th. boop! lou: senator lindsey graham is putting on quite a demonstration i guess we could call it flexibility now calling for president trump to release his tax returns. the senator has been, i won't say he is confused but has been confusing of late

and chase ceo jamie dimon to tell the banking chair that the government took over student loans in 2010 during the obama administration when she was in congress. paul: and voted for it. >> i guess they were just to discrete to ask her what she's doing to clean up that mess. paul: remember, if you have your own hit or miss, be sure to tweet it to us. that's it for this week's show. thanks to my panel and thanks for watching. i will see you right here next we're going to leave it there. i love you, sweetie pie, have a great night. >> from the fox studios in new york city. this is maria bartiromo's wall street. maria: happy weekend. welcome to the program that analyzes the week that was and helps position you for the week ahead. i'm mariat, sheila bair is with me to talk about the grilling of the bank ceos this week on capitol hill.

if you own financial assets, that's jamie dimon does.n't, you're out there in an economy and seeing small incremental growth. >> to that point, if you own fim assets, this is a winning economy. that's the same economy that elected president trump. it was the haves and have-nots only getting more exaggerated. the fact that jamie dimon is talking about that, of all people what does that tell you? >> i trust his point of view, he did see and foresee some aspects of the financial crisis. the bank he ran largely side stepped some of the biggest issues that occurred during that period. i'm concerned that he sees weakness ahead. just a few weeks ago he said the economy is fine. he changed his mind in rapid order. i wonder what he's seeing on his loan books that could suggest the consumer may be slowing down, which accounts for 73% of economic growth in the quite what is he hearing from other ceos about the pace of economic froth. what is behind this letter? it's an abrupt change of position. >> i also think it's interesting that jamie dimon exp

really horrific lee bad was happening twenty years later jamie still haunted by the shooting and it's off to mouth i remember walking with a friend she was waiting to hear from her brother. but he was one mil and in the world ever heard from him if he was killed in the lake. and. i always wished that i had done something besides trying to lighten the mood because there were those were walking i was trying to like make her smile because i knew she was worried. and could one day be affected has that janie to campaign for tougher gun laws she was invited by how congress representative. as a guest of president trumps state of the union address jamie hope the president would tackle the issue of gun violence in schools he was left disappointed it was offensive in a way because he knows it's a problem there's no reason why we can't reinstate the assault weapons ban. there's been action before we can take action again and i think we need to forty thousand people a year are dying because of something it's guns and it's time that we tackle it from a legislative approach we can do the proactive