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Leadership Award: San Diegan empowers youth through STEM education

Tristica McCray channels her experience in STEM and her struggles with bullying into initiatives aimed at inspiring and educating children through her nonprofit Nerds Rule Inc. ....

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Transcripts For CNNW Erin Burnett OutFront 20120714



outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the now infamous trade for so lon ....

Jp Morgan , July Firework , Bank Of America , Doesn T Add Up , Trading Blunder , Friday The 13th Surprise , 5 8 Billion , Jamie Dimon , Of Jpmorgan , Earnings Conference Call , Syria Wasn T , Media Coverage , Tea Pot , Interest Rate , Big Money , Credit Carts , Morgan Stanley , Libor Rate Manipulation Scandal , 14 Billion , 4 Billion , 14 Million , 4 Million , Economics Editor , Yahoo , Playing A Little Game , Dan Gross ,

Transcripts For CNNW Erin Burnett OutFront 20120714



well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. r a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the n ....

Jp Morgan , July Firework , Bank Of America , Doesn T Add Up , Trading Blunder , Friday The 13th Surprise , 5 8 Billion , Jamie Dimon , Of Jpmorgan , Earnings Conference Call , Syria Wasn T , Media Coverage , Tea Pot , Interest Rate , Big Money , Credit Carts , Morgan Stanley , Libor Rate Manipulation Scandal , 4 Billion , 14 Million , 14 Billion , 4 Million , Economics Editor , Yahoo , Dan Gross , The World Economy ,

Transcripts For CNNW Erin Burnett OutFront 20120713



well, good evening, everyone. outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimond, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about th ....

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