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CNNW CNN Newsroom May 14, 2012 - Vimarsana News

CNNW CNN Newsroom May 14, 2012

make facebook worth 100 billion. from a birthday to a blunder. jpmorgan chase taking a bet and losing big time. heads rolling this morning. the ceo saying his bank was sloppy and stupid. manhunt. fbi agents stephen missing in the mountain. bloodhounds sent for the search. "newsweek" calling president obama the first gay president complete with a rainbow colored halo. so we are asking this morning while social issues are in the headlines, why isn't anyone talking about the number one issue? the economy! newsroom begins right now. good morning to you. i'm carol costello. he is yo...

Detailed text transcripts for TV channel - FOXNEWS - 20120511:13:07:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120511:13:07:00

Jamie dimon says even if you have the rule in place now wouldn't have made any difference. these trades were badly managed. they overdid the risk. they didn't manage the risk properly. that's where we are this morning. martha: he said they didn't violate the volcker rule but they did violate the dimon rule. we'll see if heads roll as a result. >> one quick point. martha: yeah. >> if you have a chase bank account do not worry. your money is not at risk. martha: very important point to underline there. stuart, thanks so much. see you later. bill: politics on that football you can guaranty that. ...