jamie beck summed up that testimony. >> he does a full-out confession. i've murdered someone.n the forehead in her garage, took her food and her purse, and then we dumped everything on the way back. >> reporter: both michaels pleaded not guilty. their day in court would come later. as for motive, the prosecutors told the court that was as old as time. frank had another woman. and this was no casual fling. they presented evidence of frank's devotion, the flowers, letters and cards he sent to suzanne leontieff when he wasn't with her. police also discovered frank had spent enormous sums of money on his mistress. >> i think the figure that he had given suzanne was $1.9 million. ultimately we discovered that they had purchased a home together in california. they had purchased a condo in lake tahoe together. he had given her $500,000 in cash. and so it's my understanding she was certainly living a life with a lot of money from frank. >> reporter: the pictures police found of suzanne on frank's cell phone show a happy couple. but suzanne had grown tired of being the other woman. she

jamie beck summed up that testimony. >> he does a full out confession. "i've murdered someone.n in the forehead in her garage. took her food and her purse, and then we dumped everything on the way back." >> reporter: both the michaels have pleaded not guilty and are awaiting trial in this case. as for motive? the prosecutors told the court that was as old as time. frank had another woman. and this was no casual fling. they presented evidence of frank's devotion -- the flowers, letters and cards he sent to suzanne leontieff when he wasn't with her. police also discovered frank had spent enormous sums of money on his mistress. >> i think the figure that he had given suzanne was $1.9 million. ultimately we discovered that they had purchased a home together in california. they had purchased a condo in lake tahoe together. he had given her $500,000 in cash. and so it's my understanding that she's a dental hygienist, and i'm not sure what her salary is. but she was certainly living a life with a lot of money from frank. >> reporter: the pictures police found of suzanne on frank's cel

beck. >> waiting for it to go. speaking of treasuries, jpmorgan ceo jamie dimon saying he is not a fan right now.bonds at a goldman sachs financial services conference. >> i think there may be a small part of the stock market, not all of it. you analyze it by segment, by this, that's not true. i'm not -- i would not be a buyer. i think treasury, i wouldn't touch them with a 10 foot pole i wouldn't be a buyer of rates at these rates and unfortunately we are we have no choice. >> banks have no choices the rest of you do the 10-year bond they will come in above the $66 billion expected by analysts next year because of investments they're making now he said this year's fourth quarter revenue is tracking 20% higher than a year ago and he noted that jpmorgan is interested in asset management and fintech acquisitions. >>> soft bank shares popping on a report that the company is looking at a new strategy to go private. sources tell bloomberg it could be accomplished by share buy backs by the company specifically softbank could purchase shares until he can force them to sell that's something allowed in ja