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i'm wolf blitzer. you're in "the situation room." the largest bank of the united states is called to before congress to explain a $2 billion loss that one lawmaker compared to russian roulette. jpmorgan chase ceo jamie dimon appeared before congress saying he could not defend or justify the trades that ultimately imploeded. liz zi was there watching it all unfold. and it was very dramatic. >> it was very dramatic. i've known jamie dimon and covered jamie dimon for a long time, wolf. usually when he comes to washington this is a town where he's received with open arms, even at the whi...

He must convince the nation of what he believes that he deserves an "a" grade for what he's accomplished so far, and that congress should back him on his plans for health care, immigration, and tax return. it is a night of pageantry and politics here in washington. the president will enter the house chamber making his way down the center aisle, shaking hands with members of congress, then taking the podium. and while democratic leaders have told their members to be respectful and take the high road, at least one new york congressman, elliot angle, who always saves himself an aisle seat to gree...

Tragedy this past weekend and word just moments ago of an arrest following a threat against colorado senator, michael bennet. joining us today from washington, trent franks from arizona. also joining us, elliot angle, from the state of new york. he was holding an event in the bronx when he learned about the shooting. thank you for joining us. how have you feelings and thoughts about this changed as you've had a chance to digest? >> first of all, gabby giffords is one of my closest friends in congress. she's just about the nicest, sweetest, kindest person you could ever meet. just the shock of ...