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it is $5.8 billion and counting. that's how much the nation's biggest bank said it lost so far from a complex trading scheme that was supposed to hedge against risk. the updated figures came in as the ceo jamie dimon personally briefed analysts on second quarter earnings which still managed to beat expectations. team coverage this morning, alison kosik live at the new york stock exchange to explain how this could impact all of our wallets. let's start with felicia taylor. you're at jpmorgan chase headquarters in new york. we have a healthy bank, o do we have a healthy bank i guess ju...

right now. >> good morning, welcome, everybody. our "stastarting point this mor is day four of the jerry sandusky sex abuse trial with three victims set to take the stand. the prosecution is moving at a rapid pays. the state is expected to rest tomorrow. cnn susan candiotti is live at the courthouse in bellafonte, pennsylvania this morning. >> good morning. three more alleged victims are expected to take the stand today and tomorrow before prosecutors wrap up their case. among them, we expect to hear from one youngster, back in 1988, her mother went to police after she discovered her...

the viewers may understand, it basically means that rebekah brooks and her husband, charlie, have been charged with effectively concealing evidence from the police, as they looked into phone hacking at the disgraced tabloid owned by rupert murdoch, "the news of the world." that tabloid closed down last summer but the repercussions of the phone hacking scandal continue to ripple through british society, and internationally as well, of course, but this is significant, because it's the first set of charges to be brought since the original scandal broke back in 2006, and the royal report...

regime and the frustration of the world's failed diplomacy. >> we begin with the obama campaign's effort to change the subject and refocus the presidential campaign on mitt romney's business record. team obama buying tv time during the evening news in five battle ground states. wednesday night voter in colorado, ohio, pennsylvania and virginia will see this tv ad attacking the private record at the equity firm bain capital. >> we view mitt romney as a job destroyer. >> to get up on national tv and brag about making jobs when he has destroyed thousands of people's careers, lifetimes, ...

The difference. an admirable request. it's like asking for claw backs from the insurance companies on a larger scale. before they cut back teachers and cops, let's try to get the stolen money back from the financial professionals? who gets the failing grade in the country to our educational system? we're talking about the tich teacher's union in our daily rant. [ woman ] nine iron, it's almost tee-time... time to face the pollen that used to make me sneeze... my eyes water. but now zyrtec®, the fastest 24-hour allergy relief, comes in a new liquid gel. new zyrtec® liquid gels work fast, so i...