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Transcripts For CNNW Weekend Early Start 20120512

helping veterans back from war. we have the dogs and their people, live on set. it s saturday may 12th, good morning, glad you re with us i m randi kaye. we start with new developments in several high profile legal stories that captured the nation s attention this week. three more people have been taken in custody for allegedly helping adam mayes evade police. he killed himself in the woods near al pine, mississippi earlier this week, as soon as police closed in on him. next to him at the time were the two sisters he kidnapped after killing their mother and older sister. authorities say the girls are still shaken. here is mayes brother. we don t even plan on claiming the body. that is just how we feel. anyone that was directly involved with adam, pretty much lived in fear. mayes wife charged with two count of murder in the case. jennifer hudson s brother in was found guilty on three counts of first degree murder. william balfour killed hudson s mother, brother and 7-

Transcripts For CNN CNN Newsroom 20120511

shares are down almost 8% right now. shares of others are getting hit hard right now. wall veit is worried about other banks wondering, you know what, if jpmorgan can do this and it s considered the stronger of the banks or the strongest of the banks, what kind of bets are the other banks making especially, once again, that aren t as strong as jpmorgan? fredricka? so the ceo, jamie dimon, had quite the reputation as did jpmorgan altogether. so what does this do to that reputation of both? reporter: no doubt you re going to see the reputation of dimon, the reputation of the company going to take a hit. dimon is well respected on wall street, in the financial industry. you know what, even president obama has called him to washington for meetings on the economy. cheerily he is not happy about this. but he is owning up to it. listen to some of his of what he said last night in the conference call. speaking for the senior management team and myself, what we can t assure yo

Transcripts For CNN Starting Point 20120511

the economy. one stock taking a beating overnight, morgan chase, did you hear about that? it s down about 6% in pre-market trading right now and last night, the bank s ceo announced a $2 billion loss in april over some badly hedged bets. in an apology to the boss from the vice president, senior administration officials say joe biden has apologized to president obama for painting him into a corner on the same-sex marriage issue. cnn s jessica yellin broke that story for us. biden came out in support of same-sex marriage on a sunday morning talk show, and that may have forced the president to make his own announcement ahead of schedule. president obama s change of heart on same-sex marriage made history in more ways than one. moments after he made the announcement on abc news his official twitter account posted the tweet, same-sex couples should be able to get married, and that is on its way to becoming the most re-tweeted message of all-time. hacker who actually tracks the

Transcripts For CNN Early Start 20120511

older sister were killed. we know that they were found alive. we know they were sent to a memphis hospital where they are being treated. in fact, we heard from a federal investigator who tells us they are suffering from the experience of being out in the woods, from being kidnapped, they are suffering from dehydration and exhaustion but appear to be okay. that is first and foremost the condition of those girls. let s talk about adam mayes. he was found in a wooded area in union county, mississippi, in that guntown area that investigators had focused in on. and this was a task force nearby, a task force of the mississippi highway patrol, special operations team, and also officers from the state game and fish department. they got a call from someone who noticed a vehicle that this person believed belonged to mayes. when these officers got to this wooded area and started closing in, they heard a gunshot. then they got closer and discovered adam mayes had shot himself, shot him

Transcripts For CNN CNN Newsroom 20120511

we ve more work to do, but it s obvious at this point that there were many errors, sloppiness and bad judgment. we re going to management it. we re not going to do something stupid. we re willing to hold as long as necessary inventory and we re willing to bear volatility. the improving economy is actually not good news for some americans who have been out of work for a long time. they re going to lose their unemployment checks as of this week. as the economy actually gets better, the federal program providing extended benefits is ending. more than 200,000 people in eight states are going to lose their benefits. about half of them are in california. a possible new milestone in the fight against aids. for first time an fda panel is backing a pill to prevent hiv infection. truvada tablets are all right used to treat patients who have the disease. it may be approved for daily use for people at high risk of adopting the virus. we now know the two little girls who were resc

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