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Transcripts For CNNW CNN Newsroom 20120717

now. he also attends a private fund-raiser in pittsburgh. president, he s going to be speaking at a fund-raiser in san antonio. we expect to hear from him any minute. we re going to take you there live when he starts his remarks. we re going to have live coverage from the romney rally. that is also happening later this hour. relatives of two missing girls in iowa say they are now bracing for the worst but hoping, hoping for the best. 8-year-old elizabeth collins and 10-year-old lera cook were seen friday riding their bikes near a lake. the girls aunt appeared on hln along with the mom and she says the family is frustrated and confused. it s very baffling to understand how someone got off with a 10-year-old and an 8-year-old at the same time because it s as though they disappeared into thin air in broad daylight. authorities began searching the lake over the weekend and started draining it yesterday. they are also using dog scent dogs to help in this search. there is

Transcripts For CNNW CNN Newsroom 20120716

has fallen short. dan joins me from london. appreciate it. so dan, this comes down absolutely, yeah, this is fast turning into sorry, go ahead. this comes down to a private contractor. they were tasked with providing security for the games, so what s the concern now? where did they fall short? well, they basically haven t been able to guarantee the number of guards that they were contracted to provide at various different olympic sites. we re going to turn up on time. we haven t quite drilled down to the bottom of exactly why that is but we re told it s something to do with scheduling problems with software problems, basically that they can t insure that the people they trained will turn up at the right place or that the people have the right accreditation or can get to one place or another. logistical problems bike this private security firm who last wednesday told the government, look, we can t fulfill the contract of supplying 10,000 guards. you re going to help

Transcripts For CNNW Erin Burnett OutFront 20120714

outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the now infamous trade for so long that

Transcripts For CNNW Erin Burnett OutFront 20120714

well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. r a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the now inf

Transcripts For CNNW Erin Burnett OutFront 20120713

well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimond, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the now

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