up 2.5 million hits on youtube in only four days. i m sexy and i know it we ll meet him today, monday, i m sexy and i know it we ll meet him today, monday, may 14th, 2012. captions paid for by nbc-universal television and good morning. welcome to today on a monday morning, i m matt lauer. and i m ann curry. good morning, everybody. about this:2 billion trading blunder, the head of jpmorgan chase says the company has egg on the face and he admits that he was dead wrong about situations. it looks like the scandal is about to claim its first casualty. that s right. as we said three executives are reportedly set to leave that company, including chief investment officer ina drew, one of the most high-profile women on wall street. meantime over at yahoo, another resignation. that company s ceo is out after only four months. some are citing thyroid cancer as a possible reason. but others say, this is more about lies on his resume than his health. we ll talk about all
sue is at the new york stock exchange and check in with us in about ten seconds. also today, jamie and the whale and ina and the new guy now in charge of that unit over there in london that lost $2 billion. president obama s spokesman weighing in on the case. we ve got it all covered. let s start first with sue at the corner of wall and broad. sue. and you said it, ty, it is a down day. there were earlier on an awful lot of losers on the big board with about 25 to 30 dow components lower. dmodties getting roughed up as well. we ll get to that in a minute. we re going to talk stocks with bob pisani. i m impressed by the fact the market has managed to come back so considerably. we were down 1 0 points earlier this morning. yeah. almost 160. we ve gained back 60% of that. and it happened even before the markets closed in europe. we had a nice spike up when that happened. industrials have rallied. some tech stocks have rallied. there you see, i think the bottom line, sue, the
on it, u.s. hostage warren weinstein, begs president obama to agree to his kidnappers demands or else he will be killed. he was abducted last august in pakistan. the 70-year-old maryland executive has a bunch of health issues, including heart problems. here s part of the video militants posted online. i d like to talk to president obama and ask and beg him that he please accept and respond to the demands of the mujahadin. if you accept the demands, i live. if you don t accept the demands, then i die. it s important you accept the demands and act quickly and don t delay. there will be no benefit in delay. it will just make things more difficult for me. but it is very important that you act quickly and i m now waiting for your response. cnn foreign affairs reporter eli elise joins us. is this the first concrete evidence that he s still alive? it s the first proof of life. mr. weinstein was kidnapped in august. al zawahiri said basically if the u.s. meets the demands for
people. people are people! reporter: now that romney is it the presumptive republican nominee, his former rivals are helping him bring the party together. if you look at mitt romney, it s all about his proven track record and what he s done with his life. so you have endorsed him. as far as i m concerned, yes. reporter: marco rubio could help deliver hispanic voters aa a running mate. this president asked us to hire him four years ago on the promise he knew how to fix the economy and he would be different, that he would unite this country. reporter: freshman center kelly a yod of new hampshire may help close the gap for women. i have more experience than barack obama had when he ran. reporter: a president whose 2012 campaign motto no longer promises hope or change. and we re not going back. we re moving this country forward. reporter: forward, that is the battle cry for a president fighting for another four years. brian mooar, nbc news, washington. e
this is something we hadn t heard, the idea of using wildfires as weapons of terror. question to you, is this a new idea? is this something law enforcement has considered? they have considered it, of course. arson is a very effective weapon. it is easy to light places on fire and attack at several places. you don t have to procure explosives. the rest of it, it doesn t surprise me. al qaeda is desperate to strike back. it has been a year since osama bin laden was assassinated. they do want to hit, and they intend to, and they will use any weapon they can get their hands on. just to follow up, if you say this is something certainly they have i want i don t want to say anticipated but thought about, also something they re prepared to prevent? i think so. i think we have to look at al qaeda, the problem for the fbi in this country is that they simply put their instructions out on the web and they tell people what sort of weapons to get and accelerants and things like that