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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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Transcripts For CNNW American Morning 20111230

eve bash in the world on this american morning. captions by vitac www.vitac.com good morning, everyone. so glad you could join us. it is friday, december 30th. i m deb feyerick along with alina cho on this american morning. thanks for joining us, everybody. up first this morning, mitt romney trying to steal the deal in iowa. former massachusetts governor is the front-runner now, a few points ahead of ron paul. with four days to go before the caucuses, romney is tweaking his schedule, planning to spend a lot more time in iowa over the next 96 hours telling voters this election is about saving the soul of america and he is the man for the job. cnn political editor paul steinhauser live in des moines, iowa this morning. good morning to you. so romney is enlisting high-profile help on the trail today. isn t he? sure is. thinking here and across the country, iowa, chris christie. a lot of people wanted christie himself to run for the white house. in october he finall

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