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Detailed text transcripts for TV channel - FOXNEWS - 20120516:11:24:00

fundraising events in efforts to avoid potentially embarrassing photos or videos. finally $129,000. that s how much seminole county florida schools spent on ipads for top administrators. the school system reportedly facing a big budget crunch nonetheless. brian? all right. the department of justice and f.b.i. now launching their own criminal probe into the $2 billion trade loss that j.p. morgan suffered. the s.e.c. is already conducting their own investigation so why is eric holder s justice department getting involved? fox news legal analyst peter johnson jr., i m asking the same question, peter. why is it necessary for the attorney general to put himself into well, we don t know what happened. so i think in some ways, it s appropriate that there be an investigation. the same way there should be a proceed bust investigation into fast and furious that the attorney general s office doesn t seem to really have conducted. but is it going to go anywhere in the end? we know that j.p.

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