diamond it wasn't a gift to jamie diamond but they have destroyed all the money that's been given to j.p. morgan they're technically insolvent right they have probably 5060 times more debt than they have any book value or equity so but now jamie dimon is so desperate that he's just saying just drop the pretense were frick and starving to death from liquidity if you don't give us more money right now i'm going to do something really rash like go on t.v. and run for president well in fact jamie dimon could be like and i believe if we're talking about iran and covering up coronavirus remember the vice minister of health was standing there speaking to the world in. to their state press rubbing his nose it was running that classic there's 2 symptoms of coronavirus common across all nations runny nose and sweating fever he's wiping off all the sweat and running his nose into his hand and then shaking hands jaimie dying man is that person right here saying no we're fine where there is no coronavirus there is no banking run going to happen no we're all fine we're just going to the emergency

and run for president well in fact jamie dot. could be like and i believe if we're talking about iran and covering up coronavirus remember the vice minister of health was standing there speaking to the world to their state press rubbing his nose it was running that classic there's 2 symptoms of coronavirus common across all nations runny nose and sweating fever he's wiping off all the sweat and running his nose into his hand and then shaking hands jaimie dying man is that person right here saying no we're fine where there is no coronavirus there is no banking run going to happen no we're all fine we're just going to the emergency room window just because we're happy we just want everybody else to not have the stigma of being afraid to tell everybody they have coronavirus well iran is a religious market fundamentalism versus a market fundamentalism of what jamie diamond's talking about is the cult of money versus the cult of theocracy and they're both 2 sides of the same coin they're both in massive denial about their supposed sup

behind the electronic food stamps right those all jamie diamond so now that's going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents $10000.00 hong kong dollars i know in china they were giving the equivalent of $1500.00 as well to any citizen or resident of will have and who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u.s. of course we're already seeing that as guaranteed almost that there's going to be a rate cut in march and there's going to be you know this month and then there's going to be a rate cut to more by the end of the year so we're going to going to 0 the treasury yields are obviously at historic lows as well so where we're heading to 0 right so it's the dollar toilet paper arbitrage at some point one sheet of toilet paper will cost more than $1.00 and that point i

morgan looks like in an era after jamie dimon.alk about people all over wall street that have worked under him. who do you think would take over that company and what would it look like? >> i think gordon smith all dressed up ready to go but you look at her and half of the management committee are women and it's remarkable. he is dressed up ready and in near term and longer term a lot of people would put their bets on her she is a prior cfo and head of consumer lending but it's just incredible the cross trading in here >> i do hope jamie is watching and we wish him a very speedy recovery. >> we have a ceo that loves the sound of his own voice and he spoke for about six minutes. and it's everything that we just said do you remember? >> i don't right this second. >> take a quick look at futures right now because we're in the red in a very big way. we're back in a moment legendary terrain in telluride, the unparalleled landscape of park city, or the famed peaks of whistler, you've faced the hassle of lugging your gear through the air

i'm jamie. >> jamie, nice to meet you. >> i'm told that you have something that i may never see again. >> here, follow me. >> i will. justin leads me behind the scenes of a most unusual opera house. >> all these boxes here contain costumes for various, different productions. >> wow! this is my kind of wardrobe. if only it came in my size. the costumes are so small because the players taking the stage aren't the supersized tenors and sopranos you expect to see at the opera. they're 16-inch puppets. the maestro behind this pint-size production, justin's boss, the late bill fosser. who was bill fosser? >> bill fosser taught me everything i know about puppetry. he had a unique ability to re-create full-scale environments, but in a miniature scale. he was one of my best friends. >> fosser, born in 1928, grows up in a working-class neighborhood on chicago's west side. >> he described himself as a sickly child. he was stuck at home a lot and would experiment with household materials to try to kind of create his own puppets. >> in 1935, when bill is 7, his aunt takes him to his first opera, v

so speaking about, let's go to jamie. we miss jamie as well. jamie, please go ahead and ask your question. one question. jamie: can you hear me? tariq: yes, please go ahead. jamie: okay, great. hi, this is jamie from the associated press. we're wondering why might the death rates across europe be so variable? italy's death rate is at about 11% and they will soon overtake the hubei province in terms of numbers of deaths. while other countries like germany, france, spain, and the uk have reported far lower death rates, closer to one to 2 percent. what might explain that discrepancy? thanks. dr. ryan: hi, jamie. yeah, i almost miss you as well. it's a good question. there are a number of factors that might explain that, but certainly one of them is testing. if you look at germany and we had some very good communication with germany today. they've had a very aggressive testing process. they've tested and confirmed over 6000 cases with just 13 deaths, but that may reflect the fact that they're really aggressive in their testing strategy. so the numb

i'm jamie colby.o nice to meet you. i meet wendy at persons methodist church. the forebearers of her stepfather, maurice person, started the church in 1838, seven years after the family is nearly decimated in nat turner's slave rebellion. i can't think of a more appropriate place to learn about an old bible that survives from that bloody day. what did the bible look like? >> tattered. it's missing the cover, very small. it was obviously something that you could carry on you. >> and, according to person family lore, the centuries' old book belonged to the uprising's leader. >> we all kind of talked about it here on these grounds at the family reunion. i knew it was significant. we grow up here knowing the story of nat turner. >> after all, nat turner's story begins in southampton county before it reverberates across the country and through the ages till today. >> till then, we remain steadfast, ready to strike at the moment of the lord's call. we'll destroy them all. >> he probably had a genius iq, but

that's the problem with moral hazard if you look jamie good diamond manipulate markets and just give a slap on the wrist or give a fine that he can then fund from is open window at the fed just money for 0 you're saying to your society you're saying to your public fraud is ok breaking the law is ok stealing is ok and so you're going to end up with kids on reddit mimicking jamie diamond perpetrating massive fraud in the derivatives market and it's completely predictable i might add that the article suggests that some of the high frequency traders who have you know hundreds of billions of dollars that their access and very fast trading machines have been like plugged into these erratic groups apparently and trading on it before these kids whoever is in these groups being like 4 chan acting like they have a big portfolio and they probably only have a 100 bucks or a 1000 bucks you know they are big traders trading on this stuff and it does make you wonder because in january you and i were covering here and very poor and yeah sure maybe americans don't really know much news that happens o

latest i could cite 20 different instances of massive derivatives abuse i mean we talk a lot about jamie dimon and j.p. morgan using options and derivatives to sell naked shorts to bang down the price of gold that's the that's the sun other words if you're democratizing what jamie diamond doesn't need to touche the level to make money by fraud you will be making money might be nimby laying the price of gold using derivatives on options you're giving kids on reddit that ability using 0 percent commissions and access to a lot of pool capital cheaply to game a specialist to create manipulation in the options market so they're just mimicking jamie that's the problem with moral hazard if you look at jamie good diamond manipulate markets and just give a slap on the wrist or give a fine that he can then fund from is open window at the fed just money for 0 you're saying to your society you're saying to your public fraud is ok breaking the law is ok stealing is ok and so you're going to end up with kids on reddit mimicking jamie diamond perpetrating massive fraud in the derivatives market and it'

jp morgan ceo jamie dimon has undergone emergency heart surgery. annmarie hordern is in new york with the details. annmarie: it was caught early and the surgery is successful. he is awake, alert, and recovering well. that is what jp morgan said in a statement about dimon. he checked himself into a hospital, and that may have saved his life. as the most prominent executive in global banking, investors were concerned. shares of jp morgan fell about 1% in post market trading. the company placed copresidents daniel pinto and gordon smith in dimone aas recovers. back to you in london. well.we wish jamie dimon bloomberg's annmarie hordern with us there from new york. theng up, we are live from opec plus meeting in vienna as the organization engages in a high-stakes diplomatic gamble. ♪ anna: this is "bloomberg surveillance." a high-stakes diplomatic poker game is happening in vienna between russia and opec. they risk of price crash if it backfires. manus cranny is standing by with a guest. anna on a good day for you. -- anna, good day for you. today that

i'm jamie colby. remember -- you can't take it with you. >> an ancestor they knew nothing about... >> i went through 50-some-odd years of my life and had no clue. >> an inheritance they can hardly believe... >> what was your reaction as you opened those first boxes? >> it was mind-blowing. >> why does andrew green have george washington's will? >> bare-knuckle politics, cold-blooded murder, a legacy all but snuffed out... >> this was a cloud of suspicion of having lived a double life. >> what did they do? >> what are the chances that those boxes would've just been trashed? >> very good chance of that. >> what would you do? >> well, it drove me crazy. >> how 'bout 6,000? >> and what's it all worth? >> you think you'll ever get another auction with a story like this? >> no, i kinda doubt it. [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] >> i'm jamie colby. and today, i'm in kennebunkport, maine. it's renowned as the bush family's summer haven and also for its succulent lobster. but th

i'm jamie. >> hi, jamie. it's nice to meet you. >> i know i came here to see your 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 fro

jamie vardy came on and soon made his presence felt.enalty to make it 2—0, and then struck again with just over ten minutes to go. leicester weren't done though — barnes scoring his second to make it 4—0. leicester are five points clear of chelsea, and eight ahead of manchester united. the continuing impact of the coronavirus outbreak is being felt across sport. tonight, italy's prime minister giusseppe conte has confirmed all sporting events in the country have been suspended until at least 3 april. it doesn't include teams playing in international competitions like the champions league. here though, the department of culture, media and sport says there is no rationale to postponing events in britain at the moment. alex gulrajani reports. for now, the lack of the pre—match handshake is the only change to life in the premier league. some took precautions, but still, the crowds packed in both in manchester and in london. different sports, same message. the show will go on — for now. we are clear message. the show will go on — for now. we

behind the electronic food stamps right those all jamie diamond so now that's going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizens or residents $10000.00 hong kong dollars i know in china they were giving the equivalent of $1500.00 as well to any citizen or resident of will hand who self reported coronavirus and in fact did have it so they were encouraging people to come forward and not hide amongst the population and in order to get them to stop so they were there was air drops there and in terms of the u.s. of course we're already seeing that as guaranteed almost that there's going to be a rate cut in march and there's going to be you know this month and then there's going to be a rate cut to more by the end of the year so we're going to going to 0 the treasury yields are obviously at historic lows as well so where we're heading to 0 right so it's the dollar toilet paper arbitrage.

behind the electronic food stamps right those are all jamie diamond so now that's going to go wide jamie diamond food rationing coupons of course the supply shock is being met with a supply of more cash everywhere you look hong kong was giving citizen.

we brought jamie with us, and in a strange way as jamie's voice, jamie voted for joe biden. has been a terrible two years. >> i bet. >> we miss our daughter more and more every day, but having the chance to vote for somebody who i am certain is going to address this issue of gun violence in our country fills me with hope. >> fred, let's talk about that mission that you have been dedicated to for the last two years since losing your daughter, and that is guns and gun control in general. as i mentioned earlier, every town, the brady campaign, both endorsing the former vice president. guns have become a big issue for young voters, especially because there have been so many mass shootings, so many that we don't want to count, at high schools like parkland. is the former vice president focusing enough on the issue of guns in the run-up to this election? >> oh, he is. and nobody has focused more on it. it's one of the reasons why i'm so thankful for him. but you're right, this issue does affect the young in this country. they go to schools. they go to movie theaters, they go to ma

jamie diamond is one of the nation's most influential ceo.red jp morgan through the financial crisis of 2008. >>> it happened yesterday in san diego. the child's family called police saying the boy had a knife and a hammer and was acting out of control. when officers arrived they tried to talk to the boy, but he ran into a shed and pulled out a shotgun. and then he ran back into the shed and refused to come out. the boy surrendered about an hour and a half later. >>> the coronavirus cases continuing to pop up around the country. up next, we'll tell you about a funding bill president trump is expected to sign later today and how the coronavirus outbreak is affecting the u.s. economy. >> plus... president trump is in nashville today. how communities are trying to recover this morning. >>> president trump's stressing why he says it's important to stay calm during the coronavirus outbreak while the stock market and financial reports are sending a different message. >> and, the billboards, one san francisco supervisor is sending the wrong message

jamie yuccas, cbs news, st. paul, minnesota. >> o'donnell: delivering hope. we've been talking about kindness. let's continue it. we'll be right back.

liz: speaking of capitalism, the capitalist of bankers jamie dimon is thankfully recovering, you hearm emergency heart surgery. >> the ceo of j.p. morgan chase, we should point out he is not just a ceo he's one of th best s in the world, clearly the best one and baking. i have no him for years, i know him when neither of us had gray hair. that's how long i go back. so i consider him a friend, take it for what it's worth. he is going to make 100% recovery, the fact that he caught this early, you recover from this heart issue. because he had cancer a couple years ago, he's very into this body, he knew something was up that's where he took himself and got checked. liz: what's happening with the chess pieces up j.p. morgan. >> that's the real question, does he stay or does he go. just based on the people i speak with today, i would be very shocked if he did not come back to work. and finish out his term, i think yes three years before he said he would retire. i would be very surprised. i would not be shocked if you called it a day. liz: the stock is down 6%. i would say a lot of that -- >

well, jamie dimon is out of the hospital. jp morgan chase ceo released yesterday after having emergency heart surgery last week. doctors say dimon suffered from an acute aortic die section. he was said to be feeling well with surgery being considered a success. well, the president of the u.s. soccer federation has resigned. carlos kordiero has been facing backlash for discrimination. the men said they had a higher level of skill than the women's team.

norah. >> o'donnell: so true, jamie. thank you. and tonight, with hospitals warning they're not prepared for an impending crisis, the department of defense is donating five million surgical masks and 2,000 ventilators. the military is also using its labs to help process civilian test kits. and today, vice president mike pence called on the construction industry to donate more face masks. mola lenghi is outside a hospital in new york city. mola. >> reporter: well, norah, it's doctors, nurses, techs who are on the front lines in the battle against this virus in hospitals and nursing facilities, including one in willow brook, illinois, where 22 cases were just confirmed-- among them, four staff members. doctors tell cbs news they are dealing with an unprecedented challenge. the staff at phoebe putney health hospitals in albany, georgia, is worried about running low on medical supplies like masks, gowns, and gloves, for health care workers which would mean the difference between life and death. c.e.o. scott steiner doesn't know when hi

jamie yuccas with the heart-warming story. >> officer harvey gets ask the a lot of questions patrollingme he had to do the asking. >> i didn't want to get humiliated. >> his boss asked him to escort children in need to the daddy daughter dance. >> i walked up to the table, said did you talk to your mom she's like yes, i was like would you like to be my date for the daddy daughter dance she's like yes. i'm like we're good. >> her father passed away over the holidays. >> i been wanting to go for a long time but my dad couldn't take me. >> and her mom angela. >> i'm truly grateful for him because he definitely provided a bright spot in our crazy life. >> with the help of a mom and family friend amy picked out the perfect dress. >> and i believe they went through about ten dresses and the won amy wore was the last one, she had her heart set on that one. >> officer harvey showed up in his police cruiser, and they posed for pictures and another officer ordered a limo to take them to the dance. >> what was your favorite part of the night. >> getting to dance with him. >> that made him smile. w

for more on that, let's turn now to jamie yuccas. jamie?reporter: in effect, norah, a shelter in place means empty streets, like here in los angeles. state and local officials across the country have announced them. san francisco was the first to ask residents to stay in their homes except for essential needs like getting groceries or going down to the doctor. this is what it looks like when nearly seven million people shelter in place-- well-known san francisco sites like fisherman's wharf, virtually empty-- a drastic move to stop the spread of covid-19. a similar move could be coming to new york city within 48 hours. >> i think new yorkers should be prepared right now for the possibility of a shelter in place order. >> reporter: more cities announced bars and restaurants are closed. new orleans' bourbon street is a ghost town. richmond, virginia restaurateur john davenport says he had to lay off 320 of his employees. >> it's really something that's hard to wrap our minds around right now. it happened so fast, so abruptly, and so unexpecte

jamie: we are definitely going to see defaults.ypically, we think the default rates either tends to be quite low at around 2% to 3% for the last 12 months in high-yield during the good times, and then double digits during the bad time, so the open question here is our u.s. high-yield default rates going to be 10% or more like 15% or 20%? meditators.rious the first one is not only to u.s. -- do they have record amounts of debt coming into this? u.s. companies have records amount of cash. so it's a fantastic bargain already. the higher-quality end of the u.s. credit markets. i am not sure we will see spreads quite as white as they were last week, for instance. -- wide as they were last week, for instance. we have the policy response where governments have, in the space of a month, ended up committing to fiscal spending, but it took them 2.5 years to commit to during the global financial crisis, so that means help for the private sector, and prevent thetry to worst parts of the liquidity crunch. matt: we are going to talk a little bit

jamie yuccas starts us off in san francisco.ie, what do we know about those 21 people who tested positive? >> reporter: well, here's what we know: 46 people were tested on the cruise ship for the coronavirus. of those, 21 tests came back positive. the breakdown includes 19 crew members and two passengers. and we're just learning now that everyone on board will be tested. >> here i am on the princess cruise ship. >> reporter: new tonight, passengers aboard the "grand princess" tell us more people will be tested for coronavirus while they wait off the coast of san francisco. so far, 21 people on board have tested positive. >> i mean, i would like them to test everybody and like of, like, test me to make sure, you know. >> reporter: monica achter is one of some 3,500 passengers and crew on the luxury ship. for the second night at sea, food is being delivered to rooms, and staff has asked passengers not to open their doors. >> if you are experiencing any symptoms of respiratory illness, such as fever, cough, or shortness of breath,

correspondent jamie for a lot of cases in madrid spain has been in lockdown for a week still the numbers keep rising is there room for all foreign teams to step up nations. well the government has said the measures that they have put in place are actually one of the most restrictive measures in europe and they have. any father measures but an increasing number of voices are demanding a told to lock down like italy has just adopted. where only basic services will be running so my experts say the system may collapse in. less than 4 days the. sar put in place i i guess that you are you see in even here in my my son. said everyone watching from home i think you know i'm going to be the only one going to beat me that you don't find this. funny as i go through just on that i want to ask you how are people in madrid and spain dealing with the situation of not being able to leave their homes. yeah well as you can see people is dry and people are trying to work a remotely with their kids at home and they are increasingly anxious because they don't know for how long the situation will continue and

development and humanitarian coordinator in palestine jamie mccall drake thanks jamie for coming on we've just been hearing about garza but obviously the news in developed countries is a record unemployment in the united states and the economic collapse here in the e.u. and the standard the u.n. once a $2000000000.00 fund to combat coronavirus what do you need in palestine well i mean we have a. plan quite soon which will be covering the 1st $6090.00 days it's the militants at this once we've asked for $33000000.00 and try and get it from that will fund and ideas to trying central the 1st step cure equipment such as the protective equipment testing equipment as well as ventilators and oxygen concentrator is all used for the all intensive care unit say the things so we're trying to get a range of material that covers the full range of their core from you know ellie early testing or be through to see the treatment do you think the fact that you're having to call for this money and that it wasn't immediately given to you by richer countries suggests the message that corona virus the response

jamie yuccas leads us off from san francisco. jamie what, are you learning tonight about the state of this cruise ship? >> reporter: well, norah, this is what we know-- 35 passengers on the grand princess cruise ship showed symptoms of the coronavirus. that's why it is still out at sea, the governor of california saying it cannot dock here, and tests are right now under way. the u.s. coast guard today delivered coronavirus test kits to the grand princess cruise ship. tonight, more than 3,000 passengers and crew members are idling some 70 miles from san frano, docking there because california health officials fear they may have been exposed to the deadly virus. will everybody on board cruise ship be tested or just a certain select number of people? the c.d.c. is-- will select who is to be tested. but they are testing folks who were symptomatic first. >> reporter: those tests will be analyzed at this high-security california state lab. passengers will not be allowed to disembark until results are released, which is expected as earl

. >> by the way, i think all of us here wish jamie dimon a speedy recovery. >> i love jamie dimon. >>idn't want to -- but sounds like he is getting better and that's good. all of us here wishing jamie speedy recovery. coming up, we put the tech in protection how you can seek safety in one of the hardest hit sectors of the sell i don't have. as reminder, check out the app you're with us live. back after this. ♪ calf-shredding shoes with special rubber platforms designed to increase vertical jump sure, they look ridiculous but nothing looks more ridiculous than going up for a dunk and coming up two inches short. invest in innovative companies with invesco qqq >>> all right. reminder, coverage continues of the wild week on wall street the markets, your money, again do not miss the special report, which is markets in turmoil," 7:00 p.m. eastern time here on c nb it's time now for the final trades how are we setting up for monday, tim seymour. >> well, whether campbell soup orp things defensive here because people are stocking up the netflix being defenses because people stay inside and re

jamie yuccas leads us off tonight in los angeles. jamie?reporter: norah, the measures enacted in new york and here in california have now been adopted in three other states. they're mandating nearly every worker stay home. and businesses like that spa, the furniture store behind me, and this salon that's all locked up, they're all now closed. it's all an attempt to slow the spread of coronavirus. >> we need everyone to be safe. >> reporter: new york is officially on social distancing lockdown. governor andrew cuomo announced everyone off the streets except for the most essential workers. >> today, we're bringing it to 100% of the workforce must stay home. this is the most drastic action we can take. >> reporter: the move came after california's governor, gavin newsom, issued a similar order, warning, without action, more than half of the state's 40 million residents would get infected. >> they need this moment to protect themselves, to protect their families, and to protect the broader community. >> reporter: the statewide orders are only a

norah. >> o'donnell: and, jamie, are they hoping that they can test more people? >> reporter: well, as i said, it's 300 people a day right now. the doctor told me that later this month, they hope to get that number up to 1,000 a day. >> o'donnell: well, people are clamoring for it. jamie, t . and there is still much more news ahead right here on tonight's "cbs evening news." are america's 6,000 hospitals ready to treat a flood of coronavirus patients? what we've learned about the shortage of hospital beds. later "on the road" how a candidate's startling decision to open his heart opened a man's mind. man's man's mind. oriasis, little things can become your big moment. that's why there's otezla. otezla is not a cream. it's a pill that treats plaque psoriasis differently. with otezla, 75% clearer skin is achievable. don't use if you're allergic to otezla. it may cause severe diarrhea, nausea, or vomiting. otezla is associated... ...with an increased risk of depression. tell your doctor if you have a history of depression... ...or suicidal thoughts or if these feelin