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the fallout swept around the world today from america's biggest banks, multibillion dollar loss on risky trades. in washington, senator carl levin held a conference call with reporters about jpmorgan's shocking trading losses which could be up to $3 billion and the credit rating agency fitch slapped jp morgan with a drowngrade citing reputational risk. stocks plunged taking other banks down. the boss, america's most well-known banker was taken by surprise. here's jamie dimon one month ago responding to investor questions about bad trades and his risk management unit. >> it's is a com...

son. tonight, she comes outfront. good evening, everyone. i'm erin burnett. "outfront" tonight, warning signs ignored. the fallout swept around the world today from america's biggest banks, multibillion dollar loss on risky trades. in washington, senator carl levin held a conference call with reporters about jpmorgan's shocking trading losses which could be up to $3 billion and the credit rating agency fitch slapped jp morgan with a drowngrade citing reputational risk. stocks plunged taking other banks down. the boss, america's most well-known banker was taken by surprise. here's j...

about the occupy movement, occupy atlanta demonstrators getting some help from the martin luther king center. they are giving them classes on nonviolence. we will talk about why. and also, we will have reverend jesse jackson, joining the occupy atlanta movement in some way, he will be with us in studio this hour. let's get back to andy rooney and the news, that he has died at the age offed 92. just signed off from "60 minutes" after 30 years did that with his last essay last month, done 1 00 or close to 1,100. been with cbs news 60 years all together, but he died after complication...