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FBN’s Neil Cavuto on former Tyco CEO Dennis Kozlowski speaking out on J.P. Morgan CEO Jamie Dimon testifying before Congress on the bank’s losses.
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-- -- from my convict this Jamie diamond -- -- on Capitol Hill today a lost cause welcome everybody I'm Neil given up.
I'll lie to -- -- and who better than a disgrace Kyoto -- again on congress disgracing I'm not this crazy you know.
Let me explain former Tyco boss Dennis Kozlowski contacting art show -- show you have the same as it sounds -- last time we caught up -- Iraq.
He was in this upstate New York prison.
Now.
A New York released facility different venues saint -- Baghdad and fury over a miscarriage of justice against Dennis.
It's just couldn't believe it when things got bad Davos shocked find out that I know.
Took notes wind up here I don't believe they deserve to be here.
I think no right both -- the -- and -- -- bonds effort.
That was then this is now today fury at a miscarriage of simple fairness against one.
Dennis lets loose on all those -- diamond and pardon the bond.
Dennis takes no prisoners Kozlowski responding to my producer Arabs -- -- on the diamond testimony.
Let's just say the man made famous for pricing umbrella stands.
Didn't waste a nano second sticking that umbrella.
It's a politician's -- is writing to Eric and I quote.
How bad did it every CO one America had to appear in front of a congressional committee every time they made a deal but -- money.
There would not be enough hours in the day and committees in congress to absorb the events he goes on.
It is one thing -- a blunder cost the taxpayers -- customers money.
That should be of interest to congress in the bank's case no taxpayer customer or client money was lost.
Mr.
diamond even apologize for the bad trade.
Because that's he's right on that -- let's remember the fact JPMorgan lost two million dollars on a bad trade but not baht.
Someone made two billion dollars on the other end of that -- hello it's also remember the fact JPMorgan will still still.
Make sixteen billion bucks and that is a conservative estimate -- this charade this day.
Folks who pile up for burial box of debt it today -- -- reduced the fourth trillion dollar deficit in a row.
Hanging a guy like Jamie Dimon out to dry -- you don't have to be imprisoned to CDO justice so take it from a guy who is it is an injustice.
As Kozlowski himself very nicely put it.
Congress should focus its target resource is on solutions to the many economic problems facing America -- runaway debt a job creation not too long ago.
Our debt rating as the country was lowered.
What are we doing about that what easy dinners what indeed the lead to a man tried to atone for his alleged -- to say what congress is doing is to sinful.
The only thing Dennis Kozlowski did not say is whether a lot of the free spending money losing -- veterans judging the financial market out of anyone.
Should be in -- themselves.
Now.
