i m wolf blitzer. you re in the situation room. the largest bank of the united states is called to before congress to explain a $2 billion loss that one lawmaker compared to russian roulette. jpmorgan chase ceo jamie dimon appeared before congress saying he could not defend or justify the trades that ultimately imploeded. liz zi was there watching it all unfold. and it was very dramatic. it was very dramatic. i ve known jamie dimon and covered jamie dimon for a long time, wolf. usually when he comes to washington this is a town where he s received with open arms, even at the white house. this position was a little unusual for him. hi, jamie. how are you? i m good. he usually loves the cameras, but he got more of the rugby scrum. they re the job destroyers. this man is a crook. we ve let a lot of people down. and we are very sorry for it. he apologized for losing billions, took some blame, but embracing more regulation, maybe not. we think don t make sense an
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
cases, brought more leak cases during the course of this administration than any other administration. i was getting hammered by the left for that only two weeks ago. now i m getting hammered by the right for potentially not going after leaks. it makes for an interesting it makes for an interesting dynamic. [ male announcer ] this was how my day began. a little bird told me about a band. an old man shared some fish stories. oooh, my turn. she was in paris, but we talked for hours. everyone else buzzed about the band. there s a wireless mind inside all of us. so, where to next?
sandusky founded for troubled kids. susan candiotti is live at courthouse in pennsylvania. as i understand it, there has been a last-minute filing of some information that is a bit of a bombshell with regards to what s happening in the courtroom. somewhat related but somewhat not related, right? that s right. it has to do with two other people who are charged in connection with the case against jerry sandusky. you remember the two former penn state officials are currently charged with perjury in connection with allegedly lying to the grand jury about what they did or didn t know about allegations involving jerry sandusky. that trial has not happened yesterday. but those two former officials are tim curley and gary schultz, a former vice president at penn state in charge of police investigations on campus. cnn obtained court documents filed late yesterday that indicate the possible existence of what you could call a secret file not previously known to anyone until now. now i
home and at his own high school when he was also interrupted once by a wrestling coach. and also belonged to the second mile. we expect this to be dramatic testimony just as it was yesterday when we heard from alleged victim number four, who took the stand to talk about being assaulted, raped and fondled allegedly by sandusky over many years. he s now 28 years old. they played shower games, for example, in which sandusky got soap all over him and then assaulted him. we also he faced some tough cross-examination and at one point asked by sandusky s lawyer, why didn t you stop this? he said, i was afraid. besides, i was getting gifts. then he turned the question around and said, i wish i had, perhaps i could have saved other children. back to you, christine. susan, a very dramatic first day in the courtroom. we know you ll be there all day today too. thank you, sue an. i ll talk to a former child abuse and sex crimes prosecutor, wendy murphy, about what s next in the sandus