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Transcripts For CNNW CNN Newsroom 20120515



the search continues for a missing girl. please get somebody over here. the 911 tape and father s calm call to police. the high profile search intensifying. plus this jpmorgan is one of the best managed banks there is. jamie dimon, the head of it, is one of the smartest bankers we got. president obama going on the view stressing why it s important for wall street to clean itself up. this hour shareholders are getting together in tampa. will they fire their dimon? busted at the gate. a security guard at the new york airport accused of using a dead man s identity for the last 20 years. he had access to secure areas, supervised 30 guards and could walk scot-free through metal detectors. newsroom begins right now. good morning to you. i m carol costello. we begin this morning in mississippi where there s a killer preying on motorists and even more startling, police believe the shooter may be posing as a cop. it s a chilling theory to explain the killings bot ....

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Transcripts For CNNW Starting Point 20120514



so this all actually happened late last week when the financial giant revealed it had made this risky credit bet in the european market. so now, we re hearing three executives are expected to resign and bloomberg is now reporting morgan s entire chief investment office of london could be cleaned out. the trades are raising some very, very serious questions this morning about whether the country s biggest bank learned anything from that financial crisis. let me remind you, that was merely four years ago and what happened to the laws that were supposed to stop all of this? that s one of the big questions we re asking this morning. many of the rules created by the dodd-frank bill still aren t in place, two years later. ceo jamie dimon acknowledging this new mess could give regulators and members of congress more reason to tighten any loopholes. have you given regulators new ammunition against the banks? absolutely. this is a very fortunate and inopportune time to have ....

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