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i'm wolf blitzer. you're in "the situation room." first it's today's new round of attack in the presidential race campaign and the much winning battleground state of ohio this afternoon. president obama slammed the tax proposals, warninging they'll send thousands of u.s. jobs overs overs overseas. > the romney campaign is accusing them of another dishonest attack. why did the president level this new corporate tax attack on romney in ohio? >> reporter: well, wolf, the president is trying to draw sharp contrast between his campaign and romney's campaign, trying to suggest romney is ...

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...

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