wired. that s okay because there s lots of news this morning. up first this morning, heads about to roll. at jp morgan chase. according to bloomberg, the firm s entire london staff could be dismissed. the banking giant also expected to accept the resignation of this woman, ina drew. pulling down a salary of over $15 million a year. drew and two other company executives being held accountable for a stunning $2 billion loss. ceo jamie dimon doing damage control on sunday talk shows is. it was a stupid thing that, you know, we should never have done but we re still going to earn a lot of money this quarter. it isn t like this company is jeopardized. we hurt ourselves and credibility, yes, that we have to fully expect and pay the price for that. christine romans is here with us this morning. how much worse is this going to get? i know we were hearing about billion dollar loss, they re going to weather it. the big question is why should we care. the real damage here is f
gomez say? he believed that ivens is distraught and that he s possibly suicidal. what is interesting about that though is that they would not comment on exactly why they believe that to be the case but obviously they have reason to believe that is indeed the case. they did search his home. they looked for his handgun. couldn t find it. at this point they are assuming he took his handgun with him. do they believe he s still in the los angeles area? not sure. we can tell you this is the third day of searching. he was last seen on thursday night by his wife as she was going to bed. when she woke up the next morning he was gone. he just vanished. she called into authorities at about 7:30 in the morning on that friday. the search is the biggest in the burbank area in 20 years. 100 fbi agents. 40 sheriff s deputies and dozens more law enforcement agencies so all hands on deck for this situation. okay. we ll follow it. thanks so much. it may not come as news that if you lo
violent as riots erupt after the game. and it s mother s day. we ll where i you messages from our troops overseas. it is sunday, may 13th. good morning, everyone. happy mother s day. i m randy kay. we start with your money this morning. on the line with several factors weighing heavy on our economy. overseas in greece newly elected leaders are meeting right now to try to put together a coalition government. that new government was supposed to bring them out of the financial ruin and has sent shock waves through our own economy. you see, banks bet big on greece s recovery, and the failure is being passed on to you. if greece can t come to a consensus, there could be new elections and more of a strain on the world economy. the problems in greece had a big effect on our stock market pushing the dow to its worst week all year. add to that the $2 billion investment mistake by jp morgan chase. their stock alone dropped by 10% this week. help may be on the way. the much anticipate
we ll talk with her live. good morning, everyone. and happy mother s day. i m randi kaye. it s 8:00 in the east, 5:00 alaska out west. we begin with the firestorm that s followed president obama s revelation that he supports same-sex marriage. it s become a major talking point as we move deeper into election season, especially for mitt romney. romney was giving the commencement agrees at liberty university yesterday, and as he was talking about personal values, this. culture, what you believe, what you value, how you live matters. now, as fundamental as these principles are, they may become topics of democratic debate from time to time. so it is today with the enduring institution of marriage. marriage is a relationship between one man and one woman. while same-sex marriage was on mitt romney s mind, there was this banner flying over the event. it says gop equals higher school debt. the left leaning group moveon.org paid for that banner. democrats and republicans have b
morning. it starts right now. the dow had its worst week of 2012, and jp morgue annan s gap drives investors away. plus, one senator says the president s reversal on same-sex marriage couldn t get any gayer. and it s mother s day. we take a look at moms around the world and have a time magazine cover that sparked outrage in america has received eye rolls abroad. good morning, everyone. i m randy kay. it s 7:00 on the east coast. 4:00 a.m. on the west. let s get straight to the news this morning. we start with your money on the line with several factors weighing heavy on our economy. overseas many greece. newly elected leaders are meeting right now to try and put together a coalition government. that new deposit was supposed to bring them out of the financial ruin that has sent shock waves through our own economy. you see, banks bet big on greece s recovery and the failure is being passed on to you. if greece capital come to a consensus, there could be new licks and more o