jamie dimon will still be running the company but he, you know you will have lee raymond as the chairman the way this works. the operational stuff basically gets headed by jamie dimon. the chairman role, that is someone kind of a check and a balance on the ceo. does not play a direct role. that's where we are right now. jamie dimon has come under a lot of pressure. saw some of the stuff from the office of come froler of the currency coming down lower in trading. carl levin committee hearings recently on the london whale fiasco. then you have all these investor advocates. at the same time, we say "investor advocate"s, these are state comptrollers, people who run public pension funds, unions. that they're demanding that this role between chairman and ceo is broken up. the initial, people initially thought jamie dimon would do everything in his power not to allow that to happen, tohold on to power. he intellectually and philosophically he believes jpmorgan runs best with those two in one place. what i understand internally he is bracing for the possibility, not the probability, but the poss

. >> speak of global warming, how are you different than lee raymond, your pred seser who had outspoken views about global warming? >>. >> well, i think in terms of my view of where we find ourselves on our understanding of global warming, we have continued to study this issue for decades. i think we probably as a corporation were one of the first companies to identify this as a potential issue because we are a fossil fuels based company. and lee and others before him had undertaken studies. they had funded studies at mit and other universities to inform our understanding of the issue. as time has gone by those studies have continued, more data has been gathered, more sophistication in our ability and scientist's ability to create models that are better, more competent in their analysis. with all of that, though, the facts remain there are uncertainties around the climate, climate change, why it's changing, what the principal drivers of climate change are. and i think the issue that i think is unfortunate in the public discourse is that the loudest voices are what we call the absolutest

they have a guy that could do the chairman job, do the heavy lifting, lee raymond, former exxon boss.we had dick bove talking about the subject he was saying it makes sense to split that up. he was bullish on the banks. >> i don't think it does. melissa: you don't think it is surprising. >> i don't think the job needs to be split. that is not the problem with jpmorgan. jpmorgan may need to be split. jamie does a good job what he does. make the point he doesn't want to do it. there is realization internally they might have to do it. go back to the expert networks. i wish there was transition to expert networks but there is not. this base was basically almost out of business back in 2010 when the insider trading investigations began. these are essentially networks created by groups like gears son lehman is one, primary global is one out of business where they put together industry experts for hedge funds to go to them and theoretically get 0,000 feet advice about industries and trends. well it turned out as we know from the investigation a lot of these experts were given inside informat

one such candidate sources say would be lee raymond, former chief of exxonmobil and currently the board'sised raymond for frequent challenges with dimon. the length of raymond's tenure is unclear. when he attempted to retire last year the board unanimously asked him to stay. unclear at this point what will happen at the top of jpmorgan. guys, back to you. >> one of the things i find interesting is if you ask jpmorgan executives why don't you split the job of chairman and ceo, they have no response. >> that was one of the top questions that came out that the company's investor day just a couple of weeks ago. dimon said life is too short. you want 100% of the control of the company, not eight by% control. he noted when he was at bank one he wouldn't have taken that job if he didn't have both of those roles. he clearly wants the steering wheel, he wants control. unclear if he will be able to keep it. >> thank you, kayla. >>> cyprus bailout might have an unexpected side effect on offshore tax havens. find out why the super rich might be worried about their friends in places like the kay monda

lee harvey oswald. hear firsthand about the ruby trial from juror jay raymond rose who kept a diary of the proceedings. >> i felt sorry for jack ruby. he looked alone. he just really looked pitiful. he never said anything. never smiled. i made eye-to-eye contact with him. he had a vacant stare i guess you'll say. i felt sorry for him. >> this saturday at 7:15 p.m. eastern. part of america history tv this weekend on c-span 3. >> what do you do about the israeli palestinian. that palestinian say the will be a decent, stable, peaceful, democratic non-corrupt government. first, that means they got to go. >> elliott abrams give inside view on the israeli-palestinian conflict. "washington journal" continues. >> our america by the number segment this week looks at economic misconceptions and myths. we'll dig into those with our guest steve landefeld p he's director of the bureau economic analysis and also ryan avant with the economist. thank you to you as well. let's start by talking about federal taxes. tax season right now. here are some things that b.e.a. looked at, are federal taxes at a record high? >> y