and even when we look at the latest developments regarding jp morgan, we find that jamie diamonds are a long time connections go back to the same exact people who were sponsoring jeffrey epstein. so for jamie, it for jamie diamond on for jp morgan to say that by happenstance they stumbled into this wealthy guy and they just happened to do business with him strictly because of, you know, they wanted to make a profit is absurd. when you see the literally generational ties going back for many, many decades, between the same people who put jamie diamond and bower, and the people who maintain the epstein empire all connected to intelligence. there is no such thing as happenstance with anything tied with i've seen right. are you still believe it? i have a bridge. brooklyn to save $5.00. so let's start with this settlement. were you surprised at jp morgan actually settled and use this show guilt? do you think the tournament 290000000 dollars is justified with the bottom line? i think that jp morgan had no choice. that if it had been 2900000000, they would have had to pay it because they cann

and even when we look at the latest developments regarding jp morgan, we find that jamie diamonds are a long time connections go back to the same exact people who were sponsoring jeffrey epstein. so for jamie and for jamie diamond or for jp morgan to say that by happenstance, they stumbled into this wealthy guy. and they just happened to do business with him strictly because of you know, they wanted to make a profit is absurdly generational. ties going back for many, many decades between this same p, those who put jamie diamond and bower, and the people who maintain the epstein empire all connected to intelligence. there is no such thing as happenstance with anything tied, but that's to do right now. if you still believe it, i have a bridge in brooklyn to save $5.00. so let's start with this settlement. were you surprised at jp morgan actually settled? and do you think the tournament 290000000 to mine? i think that jp morgan had no choice that if it had been 2900000000, they would have had to pay it because they cannot afford for losses to go forward with the potential for deeply into

morgan has a hot line to the treasury janet yellen doesn't make a move unless she talks to jamie diamond. >> i don't know about that. >> that's probably closer to a fact than all of us would like to admit or actually i would like to admit that, because i want that i want jamie diamond deciding -- >> i think that's wishful thinking. >> maybe when you think about it, when the banks were having trouble, janet yellen was calling jamie diamond. somebody can @me, but i truly believe jamie diamond was not orchestrating, dictating policy, but -- yeah, i think that he has a -- he gleans a lot of insight into where the puck is going and where to be putting his bets. >> you know what else happened today, guy, we had seen these yields, which were lower all week, reverse higher partly we got that strong data the dollar, which had been very weak in 15-month lows reversing higher does that tell you anything? you don't want to read too much into that. >> no, i do want to read a little bit the dollar is obviously a story you mention all the time doing a wonderful job with that always the dollar bounced,

and even when we look at the latest developments regarding jp morgan, we find that jamie diamonds are a long time connections go back to the same exact people who were sponsoring jeffrey epstein. so for jamie and for jamie diamond on for jp morgan to say that by happenstance, they stumbled into this wealthy guy. and they just happened to do business with him strictly because of, you know, they wanted to make a profit is absurd. when you see the literally generational ties going back for many, many decades, between the same people who put jamie diamond in power and the people who maintain the epstein empire all connected to intelligence. there is no such thing as happenstance with anything tied with epstein. right? if you still believe it, i have a bridge in brooklyn to save $5.00. so let's start with this settlement. were you surprised at jp morgan actually settled and use this show guilt? do you think the tournament $290000000.00 is justified? what was the bottom line? i think that jp morgan had no choice. that if it had been 2900000000, they would have had to pay it because they can

jamie diamond on the call friday morning but perfectly where banks hold less capital and unable to lendch, huge opportunity for your black stones apollo switch hit an all-time high because people will borrow or at least commercial companies will they will turn private equity to do it. >> al, if you are a gamer, the big news like call of duty will be available on all platforms. if you watch regulators like we are, it seems like should dial here. >> activision, microsoft wants to buy the game maker, game publisher, that deal was put on hold by the ftc and uk authority. microsoft won its case against the ftc and court so activation blizzard went 83 to 91, the deal prices are 95 but deal activity under the biden administration is way down. the first three years or two plus years the biden administration deal activity down 30 to 60% depending if you look at the number deals or total value. this win for microsoft is a big deal. >> interest rates are part of the higher rates, meaning you don't have so much money to throw around but the broader trend is you think will see more? >> i think that'

morgan which is one of my favorites, once again jamie diamond performed beautifully although you heardat news out of wells fargo, state street and then even before the, pepsi, they also did very well so we have gotten off to what feels like strong earnings season, so far about 75% of the companies and there have been about 20 so far in 25. 72% on the top and bottom lines. i understand that cut estimates but yet there guidance have been positive so the lookahead feels good so i am excited where we are and where it's going to be. next week you could see goldman sachs and morgan billy, those are different kind of banks versus the chase but we will see what happens. >> they are much more tied to the capital markets in terms of investment banking and trade and a good quarter for the market so maybe they will get exposed but we have seen some deals and ipos, right? >> right and that's where you will see the pressure especially on goldman sachs where you might see trading on one hand elevated but other stuff not. people are preparing goldman sachs, it will be very interesting if they do disap

we are hearing that from jamie diamond.ding is continuing to increase but delinquencies and write-offs also continue to take higher. tom: my most important interview, i know jamie diamond listens to the program but i don't want to talk to them. i want to talk to mary at j.p. morgan. there has not been nearly enough credit done here. i think what we will hear from her behaviorally is in the last six month crisis we are now at a point and i'm saying this as an uninformed amateur, people are throwing money at ap morgan -- at j.p. morgan. it is the construct that get you to 35% return on equity. that number is crazy. lisa: they don't want to attract more deposit so they don't need to pay. that will be a very different story next week when we hear from regional banks where they are offering other products short-term at 5.5% rates. tom: very interesting. we will continue with futures up and dow futures up. dollar weaker is the headline story today. we are going to continue. reset for the weekend for global wall street. on the equ

yeah so this started the first time i used it was in a hearing with with jamie diamond and the idea was we were going to lay out this budget. and so my stuff, amanda said, you know, we should we should just we should go through a whole budget. and i said, well we could write it out and, we could put it on a whiteboard. and then that way he won't say as so many students. i was a law professor. i ran for congress and i would ask these questions and then the student would say, can you repeat that, please and so i didn't want jamie diamond to do that. i didn't want him to because you only have 5 minutes. and so these are professionally coached. staller i mean, they are coached i, have never heard anyone talk as slow. yeah, as mark zuckerberg who is really trying to run down the clock on the 5 minutes. so we didn't get to ask him what the hell is wrong with you and facebook right. and so the really the of whiteboard was so that what i was going through do unlike this and so i was through the budget that he wouldn't be able to i couldn't follow that. sorry. repeat the question and get off the

the other way and they gone over there for cozy meetings with chinese leaders and elon musk and jamie diamondse. we know that our economy are intertwine, secretary yellen has said you can't decouple. how do you address the issue? >> well, we are in a cold war with china by all definition. it is different when ronald r reagan was leading this country, we were in a cold war with russia. we were able to out-perform with our strong economy and have a strong military. we need to do the same thing. we got to get our economy sprinting and it is crawling right now. i have seen the red tape as an entrepreneur as a small business person and i have seen it runs large global businesses. the federal government is outside of its lanes and bigfooting states and businesses. we drive that forward, we get this economy going, china is the number one economy in the world. they are interconnected. we got to be smarter of how we manage this. i will give you one horrible example. putin likely does not invade ukraine if not for having all of western europe dependent on his energy. well, then, the biden administratio