well our friend neil mitchell is in the news neil mitchell friend of his report well lloyds under pressure as h s fraud report is published so there was an internal lloyds banking group report written by a former manager at the bank and published on tuesday alleges serious misconduct by the lender over the handling and disclosure fraud of this pos reading unit. report written twenty thirteen after the lloyd's manager had taken her concerns to the police alleges h. boss executives knew of the fraud as early as two thousand and four and failed to properly disclose it with far reaching implications given lloyd's takeover of h. boss in two thousand and nine it also states lawyers mishandled this investigation and disclosure of the fraud following that takeover now m.p.'s had pleaded with lawyers to please release this to the public please show the public which by the way has bailed out your bank and all the other banks and many of the other banks at least in the united kingdom in the certainly the financial system itself were bailed out by the inflation tax caused by the quantitative easing so

well our friend neil mitchell is in the news neil mitchell friend of kaiser report well lloyds under pressure as h s fraud report is published so there was an internal lloyds banking group report written by a former manager at the bank and published on tuesday alleges serious misconduct by the lender over the handling and disclosure fraud of this boss reading unit report written in twenty thirteen after the lloyd's manager had taken her concerns to the police alleges h. bos executives knew of the fraud as early as two thousand and four and failed to properly disclose it with far reaching implications given lloyds takeover of h. boss in two thousand and nine it also states lawyers mishandled this investigation . and disclosure of the fraud following that takeover now m.p.'s had pleaded with lawyers to please release this to the public please show the public please by the way have bailed out your bank and all the other banks and many of the other banks at least in the united kingdom in the certainly the financial system itself were bailed out by the inflation tax caused by the quantita

neil: dan mitchell, one of the things that's raised here is the president raised with the other dan hereesn't think it will come to that and people will come to their senses. but we do know from tradetives that they get nasty. what's your sense? >> we saw that in the 1930s. that's what i'm scared of now. if trump follows through with all the tariffs and we get retaliation from the other countries, with trump's personality, he's likely to double down and do something even worse, and keep in mind, these are not tariffs we're imposing on the japanese or the europeans. these are taxes being imposed upon american consumers. and i don't really care whether the republican party and the business community have good relations, i care about the danger to the global economy but specifically the american economy of some sort of tit-for-tat, 1930s replay of global protectionism. >> that's what the business community is worried about. let's be real clear. jamie dimon just doesn't spout off and just doesn't dis the president because he got up on the wrong side of the bed today. he's worried about a tit