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CNNW CNN Newsroom June 14, 2012



major setback for egypt. who is running the country? the constitution was ruled invalid today in egypt, and said that anyone elected under it has to go. egypt s military rulers took over all of the legislative pow, and it is already a tense time politically as the egyptian voters will choose a president in a runoff election this weekend. and the prosecutors in the jerry sandusky child molestation trial will wrap up the case today. one of the victims is an alleged victim whose mother called authorities after her son told her that he had showered with sandusky. he is accused of abusing ten boys in a ten-year period. this aircraft went down yesterday, and all five crew members are not injured, and the osprey s safety has been questioned since 2005. a man accused of a shooting spree in auburn university is accused of three murders and two assault counts. you can see desmonte leonard at his court appearance this morning. the funerals for the two killed will take place sa ....

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CNNW The Situation Room June 14, 2012



but they conceal some very real dangerous designer drugs blamed for horrifying acts of violence. i m wolf blitzer. you re in the situation room. it may be the most crucial of the battleground states, and today barack obama and mitt romney are turning ohio into their personal battleground. the slug-fest takes the form of rival speeches. but one candidate started swinging before the bell. let s go to jim acosta. he s watching it all unfold. what s the latest, jim? wolf, they were almost duelling speeches, campaign events in the same state on the same day at almost the same time. but mitt romney perhaps fearing losing the battle of the cable news double box got the early jump on the president. he started early. and it was probably a good thing for mitt romney. his speech was only 18 minutes. the president s, nearly an hour. in the first round of what will be a knockdown-dragout fight to november, mitt romney threw the first punch beginning his speech ten minutes ea ....

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CNNW CNN Newsroom June 14, 2012



in a presidential election run thauf weekend. we should tell you that riot police, military personnel have taken up positions outside the court. ben wedeman joins us in just a few moments with the latest on this. as soon as we get ben wedeman, we ll bring it to you. back to the u.s. you know the old saying, when it rains it pours. for the obama campaign it appears to be a gully washer. lately the president has had some bad poll number, some bad headlines, some democrats are expressing doubt about his message and his chances come november. big donors are sitting tight with their money. for mitt romney, several things appear to be going right. he is raising a lot of money and his poll numbers have been getting better. a little more than two hours from now, both men take to the stump in the battleground state of ohio with dueling key economic speeches. they won t be face to face, but you can bet that they won t mince words about each other either. so, cnn s jim acosta jo ....

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CNNW The Situation Room June 13, 2012



i m wolf blitzer. you re in the situation room. the largest bank of the united states is called to before congress to explain a $2 billion loss that one lawmaker compared to russian roulette. jpmorgan chase ceo jamie dimon appeared before congress saying he could not defend or justify the trades that ultimately imploeded. liz zi was there watching it all unfold. and it was very dramatic. it was very dramatic. i ve known jamie dimon and covered jamie dimon for a long time, wolf. usually when he comes to washington this is a town where he s received with open arms, even at the white house. this position was a little unusual for him. hi, jamie. how are you? i m good. he usually loves the cameras, but he got more of the rugby scrum. they re the job destroyers. this man is a crook. we ve let a lot of people down. and we are very sorry for it. he apologized for losing billions, took some blame, but embracing more regulation, maybe not. we think don t make se ....

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CNNW CNN Newsroom June 13, 2012



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 te ....

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