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in only four days. ♪ im sexy and i know it >> well meet him today, monday, ♪ im sexy and i know it >> well meet him today, monday, may 14th, 2012. captions paid for by nbc-universal television and good morning. welcome to "today" on a monday morning, im matt lauer. >> and im ann curry. good morning, everybody. about this:2 billion trading blunder, the head of jpmorgan chase says the company has egg on their face and he admits that he was dead wrong about situations. it looks like...

up 2.5 million hits on youtube in only four days. ♪ im sexy and i know it >> well meet him today, monday, ♪ im sexy and i know it >> well meet him today, monday, may 14th, 2012. captions paid for by nbc-universal television and good morning. welcome to "today" on a monday morning, im matt lauer. >> and im ann curry. good morning, everybody. about this:2 billion trading blunder, the head of jpmorgan chase says the company has egg on the face and he admits that he was dead wrong ab...

sue is at the new york stock exchange and check in with us in about ten seconds. also today, jamie and the whale and ina and the new guy now in charge of that unit over there in london that lost $2 billion. president obamas spokesman weighing in on the case. weve got it all covered. lets start first with sue at the corner of wall and broad. sue. >> and you said it, ty, it is a down day. there were earlier on an awful lot of losers on the big board with about 25 to 30 dow components low...

on it, u.s. hostage warren weinstein, begs president obama to agree to his kidnappers demands or else he will be killed. he was abducted last august in pakistan. the 70-year-old maryland executive has a bunch of health issues, including heart problems. heres part of the video militants posted online. >> id like to talk to president obama and ask and beg him that he please accept and respond to the demands of the mujahadin. if you accept the demands, i live. if you dont accept the deman...

people. people are people! >> reporter: now that romney is it the presumptive republican nominee, his former rivals are helping him bring the party together. >> if you look at mitt romney, its all about his proven track record and what hes done with his life. >> so you have endorsed him. >> as far as im concerned, yes. >> reporter: marco rubio could help deliver hispanic voters aa a running mate. >> this president asked us to hire him four years ago on the promise he knew how to fix th...

this is something we hadnt heard, the idea of using wildfires as weapons of terror. question to you, is this a new idea? is this something law enforcement has considered? >> they have considered it, of course. arson is a very effective weapon. it is easy to light places on fire and attack at several places. you dont have to procure explosives. the rest of it, it doesnt surprise me. al qaeda is desperate to strike back. it has been a year since osama bin laden was assassinated. they do ...

up across the sierra creating treacherous travel conditions and wellic let you know how mu of course we can expect from that in just a few minutes. right now we do want to join monty francis up in the north bay and san rafael. we can see the water rushing by in that culvert. are drivers slowing down at all or are they just speeding by? >> reporter: well, they seem to be slowing down a little bit. jeff, its been raining since very early this morning here. there is some minor street floo...

the dow jones crossed the 13,000 mark again about 10:00 this morning on a strong consumer confidence report. its hovering around 13 now about 3 points shy. it hasnt closed above that level since may of 2008. well keep an eye out for you. it is an image most of us remember. a tsunami from japan tossing boats around in santa cruz here in the bay area. now the obama administration wants to cut money for tsunami warning and preparedness programs. gil diaz is at ocean beach in san francis...

more. im tyler mathisen with sue herera and brian shactman. "power lunch" begins right now. how about this, the dow closed with a triple digit move only once this year on january 3rd, that was the first trading day of the year. europe interests today on the front burner and u.s. consumer spending is flat. were off the lows but a triple digit move still on for the day. 75 points in the dow, s&p 500 down more than half a percent. the pulse of the markets that yield on the 10-year touch...