a hard time. that s why the idea of selecting as a campaign slogan forward is object sushd. mitt romney seems to be placing the blame on president obama. there s no doubt that that 40% drop is terrible. but what s lost in the comments is the fact the three years we re talking about are from 2007 to 2010. president obama didn t take office until 2009. so president obama and his supporters say you can t blame him, you have to look at the situation he inherited. you can agree with that or disagree. but in case you think i m siding with president obama here, let me point out that president obama seems guilty of similar tactics. in a new campaign ad he zings governor romney for some bad ads in massachusetts. it could also be blamed on what he inherited when he took office. that is the key to all of this. if you ignored who the candidates were, here s the 2010 figure, $77,300 according to that study of the median family worth and by comparison what it was before in 2007, if you
ironically, from the chase department in charge of mitigated risk. my colleague, christine romans watching this hearing from her post in new york. the department that s supposed to mitigate risks made these risky trades and now he is having to answer questions. it s obvious why congress wants to know why these stupid trades were made. yeah. he says, you know what? i m not going to defend it, because it violates common sense. it shouldn t have happened. what was, maybe should have been a legitimate, bona fide macroeconomic hedge, morphed into something else, he says, and he did not defend it. talk about, you say a grilling. a civil discussion. in part because he is so contrite here. the conversation just now turning into something more about what do you think about dodd-frank and the volcker rule and new regulations he has been vocal against. but as far as that trade, he says, no, you re right. it shouldn t have happen and we re sorry for that. in particular, let me tell you
the couple used to communicate while he was in jail. dude, relax. rhode island set to become the 15th state to decriminalize marijuana. no big fines, no jailtime, nothing on your record. and other states are noticing. we ll talk with a state representative from rhode island about the growing nationwide movement. plus this. oh, you remember the kid who played darth vader in the volkswagen ad. this week, he goes in to have open heart surgery. 7-year-old max paige. this hour, we ll hear from his parents as we all say may the force be with him. newsroom begins right now. and good morning to you. i m carol costello. thank you so much for joining me. we begin this morning with one of the most respected men on wall street and his bank s jaw-dropping blunder. in 60 minutes, jamie dimon appears on capitol hill to say jp morgan chase s multibillion dollar loss is an isolated event. but those risky investments are reviving the debate over toothless banking regulations and taxp
american s median net worth. i knew that s why the american people are having such a hard time. that s why the idea of selecting as a campaign slogan forward is so absurd. people are having hard times in this country. the president needs to go out and talk to people, not just do fund-raisers. go out and talk to people in the country and find out what s happening. mitt romney certainly seems to be placing the blame on president obama. there s no doubt a nearly 40% drop is terrible. what s lost in the romney comments is the fact that the three years we re talking about, the three years the federal reserve study looked at, are from 2007 to 2010. president obama didn t take office till 2009. so president obama, and his supporters, say, well, you can t simply blame him. you have to look at the situation he inherited. in case you think i m simply siding with president obama here in this tit-for-tat, let me point out president obama seems guilty in similar tactics in recent at
so absurd. people are having hard times in this country. the president needs to go out and talk to people. not just do fundraisers. go out and talk to people in the country and find out what s happening. mitt romney seems to be placing the blame on president obama. there s no doubt that that 40% drop in median net worth in three years is terrible. but what s lost in the comments is the fact the three years we re talking about, the three years the federal reserve study looked at are from 2007 to 2010. president obama didn t take office until 2009. so president obama and his supporters say you can t simply blame him. you have to look at the situation he inherited. you can agree with that or disagree. but in case you think i m siding with president obama here in this tat for tat, let me also point out president obama seems guilty of similar attacks on recent attacks on mitt romney. in a new campaign ad he zings governor romney for some bad ads economic stats in massachusetts