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 dimon, 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 infamous trade for so long that
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. r 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 dimon, 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 inf
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
as we await jim acosta s interview with mitt romney, there are important new developments in a search for a running mate. we re seeing reports that there is now a short list of possibilities and the biggest name on that so-called short list is the former secretary of state, condoleezza rice. let s bring in dana bash. she s working the story for us. the name has been floated out there for a while. but all of a sudden it s getting a bit more imptous. interesting you used the term floated. there s no question this is a trial balloon and a clever way for the romney campaign to change the sject from a whole bunch of things they would probably rather not talk about today. but since we do know that there are a few people, the romneys and one or two other staffers who really know what s going on with regard to him choosing a vice presidential running mate, we figured we d bite. condoleezza rice for veep? before we go a to z with pros and cons, let s start with why. why team romne