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Detailed text transcripts for TV channel - MSNBC - 20120514:13:50:00

I m with scottrade. i m with scottrade. and i m loving every minute of it. [ rodger riney ] at scottrade, we give you commission-free etfs, no-fee iras and more. come see why more investors are saying. i m with scottrade. [ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what s next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection. today training depends on technology. and when it takes a battery, there are athletes everywhere who trust duracell. they rely on copper to go for the gold. duracell. trusted everywhere. ....

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CNNW Early Start May 14, 2012



wired. that s okay because there s lots of news this morning. up first this morning, heads about to roll. at jp morgan chase. according to bloomberg, the firm s entire london staff could be dismissed. the banking giant also expected to accept the resignation of this woman, ina drew. pulling down a salary of over $15 million a year. drew and two other company executives being held accountable for a stunning $2 billion loss. ceo jamie dimon doing damage control on sunday talk shows is. it was a stupid thing that, you know, we should never have done but we re still going to earn a lot of money this quarter. it isn t like this company is jeopardized. we hurt ourselves and credibility, yes, that we have to fully expect and pay the price for that. christine romans is here with us this morning. how much worse is this going to get? i know we were hearing about billion dollar loss, they re going to weather it. the big question is why should we care. the real damage her ....

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CNNW The Situation Room With Wolf Blitzer May 14, 2012



the banks that were too big to fail are bigger than ever and still making multimillion dollar bets. i m wore blitzer, you re in the situation room of . the latest skirmishes are being fought on college campuses with both president obama and mitt romney but neither candidate is saying much not saying much at all about same-sex marriage. our chief white house correspondent jessica yellin is joining us from new york so. jessica, what exactly did the president say when he addressed the graduates today? reporter: the president had a real message of empowerment and a little bit of politics. from president obama a message to female graduates that equality can be theirs. it is simple math, today women are not just half this country, it s half its workforce. reporter: if they work for it. don t just get involved, fight for your seat at the table. better yet, fight for a seat at the head of the table. reporter: wonder if this is part of the campaign s apile to women ....

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CNNW CNN Newsroom May 14, 2012



gomez say? he believed that ivens is distraught and that he s possibly suicidal. what is interesting about that though is that they would not comment on exactly why they believe that to be the case but obviously they have reason to believe that is indeed the case. they did search his home. they looked for his handgun. couldn t find it. at this point they are assuming he took his handgun with him. do they believe he s still in the los angeles area? not sure. we can tell you this is the third day of searching. he was last seen on thursday night by his wife as she was going to bed. when she woke up the next morning he was gone. he just vanished. she called into authorities at about 7:30 in the morning on that friday. the search is the biggest in the burbank area in 20 years. 100 fbi agents. 40 sheriff s deputies and dozens more law enforcement agencies so all hands on deck for this situation. okay. we ll follow it. thanks so much. it may not come as news that if ....

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CNNW Starting Point May 14, 2012



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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