hail, the wallach family, the cheryl and phillip millstein family, rosalind p. walter, pacific islanders and communications. corporate funding is provided by mutual of america designing customize joint and individual insurance products. that's why we're your retirement company. brought to you by the corporation of public broadcasting and for contributions to your pbs station from viewers like you. thank you. from the tish wpb studios in new york, hari sreenivasan. >> good evening. thanks for joining us. we begin tonight with a closer look at the tentative deal reached yesterday between the justice department and jp morgan chase. the agreement would require chase, the nation's largest bank, to pay a record $13 billion penalty. it stems from allegations that chase knowingly sold mortgages to people. it was between direct talks of jamie diamond, the chief executive officer. we're joined with the reporter from bloomberg news, has been following the chase story for some time. beside the $13 billion number, why is this so significant? >> we're seeing kind of a sea change rig