Page 15 - Serving You News Today

im wolf blitzer. youre in "the situation room." first its todays new round of attack in the presidential race campaign and the much winning battleground state of ohio this afternoon. president obama slammed the tax proposals, warninging theyll send thousands of u.s. jobs overs overs overseas. > the romney campaign is accusing them of another dishonest attack. why did the president level this new corporate tax attack on romney in ohio? >> reporter: well, wolf, the president is trying ...

"outfront" tonight, losing money, rewarded big time. today, jpmorgans 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 doesnt add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder weve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company...

of coming in to us right now and its really fascinating when you look at how these networks that take nuclear material from the u.s. and then provide it overseas. two men have been indicted. a citizen of iran and a resident of china are being accused to try to obtain and illegally export these u.s. materials toer rang. and theyre used to construct, operate and maintain gas center fudges. there was a statement that was released by lisa monaco. shes the assistant attorney general iranian...

white and blue ensemble made entirely in china. lawmakers are outraged for outsourcing the clothing. alina cho joins us with more on that. >> theres rare bipartisan backlash on capitol hill about this. good morning, everything in the uniform from the beret to the blazer and shoes made in china. they are made by american designer ralph lauren as soledad said and they are just for the opening and closing ceremonies, recently i got an opportunity to look at the olympic gear with david lau...

this morning the olympic committee responds. "newsroom" begins right now. good morning. happy friday 13th. im carol costello. we begin this hour with a very bad day for the nations biggest banks. jpmorgan chase and its ceo jamie dimon are opening their books and telling us just how much money the firm lost in a bunch of risky trades. the blunder stunned the financial world and fueled more debate on whether banking regulations are tough enough. alison kosik is at the new york stock ex...

attached to the fact that military personnel love their animals and we want to do everything we can to keep them together. >> sounds great. its a noble thing to do, right? if, in fact, that is what terry crisp is doing. instead, keeping them honest tonight, cnns drew griffin has discovered only a slim fraction of the $26 million that woman raised could even possibly have gone towards rescuing dogs. the charity watchdog group has slim doubts how that slim fraction was spent. as they put...

hopefully the wars will come to an end and we wont be doing anything as dramatic as this. you know, weve become real attached to the fact that military personnel love their animals and we want to do everything we can to keep them together. >> sounds great. its a noble thing to do, right? if, in fact, that is what terry crisp is doing. instead, keeping them honest tonight, cnns drew griffin has discovered only a slim fraction of the $26 million that woman raised could even possibly have...

dropping out of sight. im wolf blitzer. youre in "the situation room." we begin with todays damming new report on penn states universitys cover-up of coach jerry sanduskys sexual attacks on young boys. it says the top people at the university including the legendary football coach, joe paterno, hid what they knew and had no regard for the young victims. just now university officials are promising it will never, never happen again. >> you should know that our hearts remain heavy. and ...

were also waiting for ana navarro. the typical politics surrounding this event, as ive been reading through and other times that joe biden has spoken at various events, i wonder what hes going to say and if hes going to cause a stir in bidens style. >> well, as you know, joe biden is quite capable of giving a very strong and capable speech. this is an audience that he is familiar with. as chairman for many years, joe biden championed equality for women and other minorities. this is an ...

washington while bankruptcy burns across the nation. san bernardino, california, is the latest american town unable to pay its bills. the math $46 million in debt. theyve made drastic cuts in employees and services. and the city according to the los angeles times has only $150,000 in the bank. thats it. residents are coming unhinged saying, why wasnt this calamity headed off at the pass? >> what about two years ago when they took $10 million from the employees? what were they doing the...