uncertainty. what are your sources telling you, how hard is it to break through? we had rumors before, what is fact and rumor? reporter: clear tough, especially because the debate over hosni mubarak s health has constantly been coming up in the course of thepast year and a half since he was ousted from power, similar protests in tahrir square, warnings that his health was deteriorating, and this as he was being brought on charges of corruption, as an accomplice to the deaths of hundreds of protesters in january and february of 2011. he was found guilty on most charges and acquitted on corruption charges. we have this middle east news agency report saying that he was clinically dead, denied by supreme council of armed forces which is arguing he is in critical condition now, but that his health is deteriorating, and that is overshadowing the political struggle under way of the seismic political changes we ve seen. with historic presidential elections last weekend taking place
arming the assad regime. we have confronted the russians about stopping their continued arms shipments to syr syria. we are concerned about the latest information we have that there are attack helicopters on the way from russia to syria, which will escalate the conflict quite dramatically. moscow insists any arms supplies sent to syria are not being used against anti-government protesters. the suspect in the auburn triple murder is in custody after a three day manhunt. desmonte leonard turned himself into authorities at the federal courthouse in montgomery, alabama. facing three counts of capital murder. he gunned down three people and wounded three others after a fight broke out in an off campus party. two of those killed were former auburn football players. gabrielle giffords former aide will serve out the remainder of her term in the house. barber defeating kelly by 6 points. he ll fill giffords seat until november. in virginia, george allen easily defeated three
the couple used to communicate while he was in jail. dude, relax. rhode island set to become the 15th state to decriminalize marijuana. no big fines, no jailtime, nothing on your record. and other states are noticing. we ll talk with a state representative from rhode island about the growing nationwide movement. plus this. oh, you remember the kid who played darth vader in the volkswagen ad. this week, he goes in to have open heart surgery. 7-year-old max paige. this hour, we ll hear from his parents as we all say may the force be with him. newsroom begins right now. and good morning to you. i m carol costello. thank you so much for joining me. we begin this morning with one of the most respected men on wall street and his bank s jaw-dropping blunder. in 60 minutes, jamie dimon appears on capitol hill to say jp morgan chase s multibillion dollar loss is an isolated event. but those risky investments are reviving the debate over toothless banking regulations and taxp
kind of country we want and what kind of role we want it it play in this new century. republicans calling out the white house for a bit of hypocrisy on stricter rules on wall street in the wake of jp morgan massive loss. there is criticism from the g.o.p. camps against the obama administration, basically the obama administration publicly slams the large wall street firms for making beg mistakes and around the back door decides to take donations and money from some of very same private equity firms and otherwise. dave: it s not just that, but singling out the jp morgan 2 billion dollar loss, but bm sipped that out as the need for more regulation on wall street. here is what he said. for the past three and a half years we ve been fighting back from a hurricane economic crisis one caused by breath
taking irresponsible on the part of some on wall street who treated our financial system like a casino. recently we ve seen why we can t let that happen. we found out that a big mistake at one of our biggest banks resulted in a 2 billion dollar loss. we can t afford to go back to that brand of you re on your own economics. not after the american people have worked so hard to come back from this crisis. let me just frame this. now, here is the question. jp morgan did lose a lot of money, their own money. no tea party dollars, it was essentially a 1% error, a trading error, know the a lot of money for jp morgan, make billions in the quarter and this is a massive bank who never needed bailout money, never a dime and the government encouraged them. but furthermore. a 1% error, meanwhile, the auto industry is going to lose taxpayers north of 20 billion dollars and that is something that going around the country touting as the ultimate