morgan at the bank today and jamie diamond has its fingers in many pies of fraud but they say but thisis right now the department of justice agrees with kaiser report if you again go to dr go and start page dot net law to look for it because as of this this past month you tube has changed their algorithm so they no longer they only include legitimate press which. c.n. b c you didn't cover this and the likes of them and so you wouldn't find this information you would out there you know authorized and legitimate and authoritative news didn't cover this like we did and here is kaiser report was right about this to crash j.p. morgan by silver i was tweeting about a link from 0 has j.p. morgan blames bear stearns for criminal enterprise and precious metals trading desk and the article points to bloomberg 2 traders who joined j.p. morgan's precious metals trading desk after the takeover of bear stearns helped introduce the illegal manipulation strategy known as spoofing to their peers on the desk they're claiming j.p. morgan stanley. they're claiming an arm's length relationship with the ban

then as you describe to think they'll get no active turn on the orchestrator of this crime jamie diamond that would be fun would i think at least to be they've got to go after blythe masters unless he's already saying and because where no ak was the head of precious metals trading this boss should have been you think blythe masters the head of global commodities right and so in member she was a wanted 201-2118 c n b c is it on nauru don't do anything like that. entering to see you know they start the low levels that guy edmunds he sings like a canary right to implicate higher ups or no act does max here's the thing if i may i want to i want to kind of summarize the corruption and all this everybody knows there's a revolving door between regulators and the private sector right i mean the 60 minutes was all over the guys at the f.d.a. that left the f.d.a. and then went to work and representing cardinal health and pretty. purdue pharmaceuticals but this is even worse in what's happening now you recall and probably a lot of the viewers recall there had been a c. f.t.c. investigation of silve

come up and for the banks and the jamie diamond of the world is that they were. met a commodity an asset class that they can manipulate that they could every other asset class stock and bond the severances they could manipulate it because they won't be able to land in the same way and for this reason you know it will put those guys out of business but there's 2 points there's 2 headlines that prove that we won that we were right from the very beginning like harry i'm a car police had spotted that made off bernie made off was a ponzi scheme that he was operating a ponzi scheme he looked through the numbers he told the regulators hey regulators this guy's running a ponzi scheme they did nothing because bernie madoff was respectable like c.n.n. was respectable and giving cover to these sort of people like jamie diamond he's a hero member he was on the cover of like time magazine as a hero who rescued the financial system one of the heroes of our of our post financial. kratos we were identifying these issues and we were right well i think that's the essence of financ

jamie diamond. cnbc exclusive report of just how close jp morgan chase is to winning the top advisory role, one of ifnot the biggest ipos in history it is monday, september 9th and "worldwide exchange" begins right now. ♪ >>> good morning, good afternoon and good evening and welcome from wherever in the world you may be watching us i'm brian sullivan, happy monday everything going on in the world, could this be the week that our stock markets here in the states hit new record highs? dow futures they're up right now, about 50 points the dow and the s&p 500 are less than 2.5% from their all-time highs. the nasdaq just under 3% from its all-time highs now, the small cap russell 2,000 still down by about 13% from its 52-week highs, but the major averages, they are getting close, as stocks have gone up, bonds have come down a bit yield is ticking up just a bit 1.59%. you got japan gaining half a percent and the domestic chinese market also rising now, europe right now not moving a whole lot despite some

that's like a fall without help if there's no penalty for committing fraud like that jamie diamond j.p. morgan now or twice convicted predatory monopolist bill gates moves no penalty for fraud that's not capitalism anymore so and i want to quickly at the end here turn to another headline that's relevant to your interview with kim dotcom but also to kaiser report because reinvolved are up close to you tube you tube creators may lose verified badges this company makes verification program even stricter that was in the verge followed quickly on line by you tube won't take verified badges away from creators after a backlash however their regional intent was exposed in this quote from the original story these new verification rules seem like another move from youtube to more effectively moderate search results and recommendations which is an area where the company has faced widespread criticism company executives have said they want to work on ensuring that the algorithm recommends authentic and authoritative videos from well known and respected creators when it comes to several topics so t

was respectable and given cover to these sort of people like jamie diamond he's a hero member he was on the cover of life time magazine as a hero who rescued the financial system one of the heroes of our of our post financial. kras we were identifying these issues and we were right well i think that's the essence of financial journalism i mean other journalists they seek the truth and to report on the truth and they take interviews and they weigh opinions and they come up with what they believe to be the truth of a situation financial journalist would look at the numbers and the balance sheets and give in this case the truth that this bank was exposed now that truth needs to be reported to the public and the public had an opportunity to act on the truth as a journalist i simply provide the truth i also mention that if you did take that action the bank would go out of business ok that's what i reported and that's not nearly what happened of course while we were talking about the plunder in america that they were like we had occupy wall street we had what we coined giago global insurre

destroyed all the productive real economy all the real jobs and all that's left are drug dealers jamie diamond and more much will or so it always happens slowly and then suddenly and you could have people he hauling in jaring income inspection are on twitter about like it doesn't cool it. doesn't collapse but the thing is just like sears took 1520 years to destroy because they keep on loading it up with more and more debt and making it a negative net worth of the company you know as much as they can until it just evaporates like sand like it just disappear overnight and you're seeing that with these pension funds we did warn that this is where these negative race where quantity to easing because. they they signaled this by the way and it was like 2011 at davos where they said we need $100.00 chilean dollars with a credit well somebody has to be the other side of that trade right and it's these pension funds because peter borg dorf at dutch fund p f z w blamed that ever lower interest rates for its coverage ratio that now stands at 94.8 percent at the end of july he said quote the financial sit

the business round table led by jamie diamond announced they need a broader view of their own economic impact. they need expand to it stake holder value which includes the impact on the environment. so working businesses, first, a carbon fee will go a long way. all of a sudden they have to pay when they pollute. that will be immediate. the second thing is, if we make economic impact part of our economic measurements and each country has to report on them, then you will see the behavior change very, very dramatically. in this country you aim toward what you measure. we are measuring the wrong thins. under my presidency we will start measuring the right things and businesses will be my willing partner in this. >> patrick? >> according to the cost of war project, 1.2 billion metric tons of greenhouse gases have been released by the military since the start of the 2001, quote, global war on terror. what will you do about contributing to climate change? >> a great question. my father got a ph.d. in physics. i'm talking to him like he's here. he's disappeared from the screen. we're spending

. >> jamie diamond with the reporting. thank you.ppreciate that. >>> brand-new poll has joe biden still firmly in front. we're going to dig into the numbers and what this could mean for the rest of the field next. we call it the mother standard of care. it's something we take personally, and believe in passionately. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions. to hear your concerns, quiet your fears, lift your spirits. with teams of cancer experts and specialists, delivering advanced treatment options and compassionate support every step of the way. all here in one place, with one purpose. to fight your cancer, together. that's the mother standard of care. this is how we inspire hope. this is how we heal. cancer treatment centers of america. appointments available now. >>> a new poll from fox news shows joe biden with a considerable lead over the rest of the democratic field. the former vice president at 29%. senator b

. >> i like jamie diamond, i like david solomon and these are people that condone violence.money talks and it does not matter that they killed -- these are the people responsible for killing somebody a journalist but they are lining up and they will do the deal. and it's a big thing on wall street, a huge payday. although i wonder, they say they sat it out, would it hurt that much if they sounded out? liz: good question. >> i don't think so. liz: charlie gasparino. wework will have a few minutes left before the important closing bell rings. look at how axel might end up, 5g mia. how to play. . . i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. but how do i know if i'm i'm getting a good deal? i tell truecar my zip and which car i want anuecar shows the range

guys, vrt chairman jamie diamond will be speaking to reporters in just a little bit and we'll let you. back over to you. >> in terms of these comments and this sentiment, how different is it than what i guess we started the year with >> so what we found is that the ceo outlook has remained relatively steady. it went up in the previous quarter, but then went down this quarter, but we found that the overall index of the economic outlook which looks forward for the next six months, that has declined for six consecutive quarters you're seeing a slowdown and sort of a tempering of expectations, but there is still confidence that the underlying trajectory of the economy is still for growth >> thank you >>> we're just one day away from cnbc's delivering alpha investor summit leslie pickenjo joins us. >> you've got more than $16 t l trillion worth of the debt it seems to increasingly whip saw the market tomorrow lesions of investors, politicians and executives will convene to discuss these issues and what it means for your portfolio. we'll hear from vice president mike pence, sec chairman wil

jamie diamond, ceo of jpmorgan chase, came out and said, we could declare a national emergency aroundve income tax, which is similar to my dividend. this is the most capitalist thing in the world, because our consumer economy and our markets function much, much better when we have money to spend. it's going to be great for business. >> the idea of what happened on the debate stage tonight with castro, i just had him on the show and i said, seemed to me that you took a cheap shot at biden, you saw it three times, he said, no, no, no, i had a disagreement over policy and i'm here to debate. and i said, yeah, how you debate matters and he said, no, i didn't mean it in any other way. i said, everybody went ooh and people went after you on the stage. he wouldn't own it that way. what was your take? >> well, you know, i was standing right between the two of them and i'll certainly leave it to americans watching at home how they interpreted it. i have a feeling i interpreted it the same way americans did. >> you are one of the straightest shooters out there. >> i'm sorry, chris, i'm a quick

effort really, the original statement i think was written by alex gorski at j and j over seen by jamie diamond at the time to have doug mcmillan there, the big question is he's going to step out on the issue of guns, whether he's going to use that platform on behalf of -- and push the business round table on that issue even further. >> it does matter. that's fantastic. >> thank you, guy. >> andrew, thank you. >> and you >> we'll talk at some point. >> sure, anytime i'll talk about it all day long. for now we have to send it back to carl. >> guys, when we come back, a lot more from delivering alpha including jim's interview with david taylor and nelson peltz. we're up to 3,013 on the s&p don't go away. i get it all the time. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. when i lost my sight, my big

and jamie diamond from j.p. morgan said i don't think she understands the global banking system.hese policies would play out. are more wall street ceos, will we start hearing from them more. she will be on the debate stage tonight. >> as she starts to rise in the polls and i think right now she has the most momentum in the polls, i think we will. she has a populist message that resonates on wall street. how many people out there either have had trouble in the past getting a loan from a bank or know someone who did? this is something that cuts across income lines, cuts across race, it cuts across a lot of things. animosity toward wall street propelled barack obama into the white house. let's not forget that. even though the economy has come back there are enough people who are participating you can blame it on wall street. she takes on all businesses as a matter of fact. she says listen, if you are a multi-national, watch out. we'll come after you. she says the bank teller who takes a few 20s from a bank will face serious jail time. no one from wells fargo who stole millions from