turn the page. this morning, a fact check of romney s claims to create 12 million jobs. plus this. what do you want me to tell romney? i can t tell him to do that. he can t do that to himself. you re crazy. you re absolutely crazy. clint and the empty chair. the off the script speech that has everyone buzzing this morning. i m rob marciano in new orleans where the rain has stopped, but in many parts of the state, the floodwaters have yet to recede. a live report coming up. in new york, it s the eve of penn state s season opener. i sat down with some of the players to talk about what pressure they feel as the school tries to rebuild itself in the wake of the sex abuse scandal. i ll have that story coming up. and roddick s retirement. andy roddick, the best american men s tennis player the past decade is stepping down after the u.s. open. cnn newsroom starts right now. good morning. happy friday to you. i m carol costello. we begin with the good, the bad, and th
confidence back and let people know that the bank does have things under control. just so you know, jpmorgan shares were up more than 1% ahead of the opening bell. alison, thank you. here s why the jpmorgan story matters. it s the nation s largest bank, and a stock that s likely in your 401(k). plus, the shadowing world of derivatives almost brought the financial world to a collapse just a few years ago. christine romans is joining me now with more. all of those reasons are why so many people are looking at what might be deemed as a business story and saying this is a story for everybody, right, carol? this is a trading los that happened right under the nose of what was thought to be the smartest banker in the room, jamie dimon. and the loss showing that even from the very beginning, when he first said it was a tempest in a tea pot. and now it s $5.8 billion. and really the period is not on the sentence yet. we ll have to see how the rest of the trade is unwound. $5.8 b
this morning the olympic committee responds. newsroom begins right now. good morning. happy friday 13th. i m carol costello. we begin this hour with a very bad day for the nation s biggest banks. jpmorgan chase and its ceo jamie dimon are opening their books and telling us just how much money the firm lost in a bunch of risky trades. the blunder stunned the financial world and fueled more debate on whether banking regulations are tough enough. alison kosik is at the new york stock exchange and has been listening to a jpmorgan conference call this morning. alison, what have you heard? if you re totalling up the losses so far this year from those trading losses from the risky trades, what it adds up to is $5.8 billion. that s almost triple what was originally thought. but jamie dimon said they could get bigger by another $1.7 billion. keep in mind just because the trades were discovered and announced to everybody, you know, they can t just suddenly be stopped. so what has
rumors the new orleans cases were related to a local petting zoo are untrue. something that was confirmed by an infectious disease expert that spoke with wwl, our affiliate. i would doubt very seriously that this child acquired this from petting an animal in the zoo. if the same dna friingerprint i showing up in other places in other states. there have been cases of e. coli outbreaks that have been related to petting zoos where children have gone in and put hands in the mouth before the parent could wash their hand but those are really very rare compared with food-borne outbreaks. we reached out to the georgia department of public health and center of disease control to explain the latest of their investigation and both refused our request. we hope to get them on in the next hour of newsroom. a high school graduation in new jersey but it looked like the apocalypse. look at that. the huge supercell thunderstorm formed during the ceremony last night. hard to concentrate
we have early buzz straight ahead. you don t have a fear of heights. i don t. i respect heights. walk on a wire. a feat 200 feet up high above niagara falls. we ll introduce you to nick. newsroom begins right now. good morning. thank you for joining us. happy friday to you. a medical mystery is unfolding for the centers for disease control as it races to find the source of a deadly e. coli outbreak. here s what we know right now. there are reports that 11 people have been sickened including the death of a 20-month old girl in new orleans. several southern states, louisiana, georgia, alabama and florida all reporting illnesses linked to e. coli. the biggest group is located here in atlanta. home of the cdc. state health officials say the cause is unknown but they are partnering with the cdc as they investigate this outbreak. in louisiana, officials said rumors the new orleans cases were related to a local petting zoo are untrue. something that was confirmed by an inf