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the banks that were too big to fail are bigger than ever and still making multimillion dollar bets. i'm wore blitzer, you're in "the situation room" of . the latest skirmishes are being fought on college campuses with both president obama and mitt romney but neither candidate is saying much -- not saying much at all about same-sex marriage. our chief white house correspondent jessica yellin is joining us from new york so. jessica, what exactly did the president say when he addressed the graduates today? >> reporter: the president had a real message of empowerment and a little bit of ...

so this all actually happened late last week when the financial giant revealed it had made this risky credit bet in the european market. so now, we're hearing three executives are expected to resign and bloomberg is now reporting morgan's entire chief investment office of london could be cleaned out. the trades are raising some very, very serious questions this morning about whether the country's biggest bank learned anything from that financial crisis. let me remind you, that was merely four years ago and what happened to the laws that were supposed to stop all of this? that's one o...

Definitely be put as a carrot out there. >> all right. panel, thank very much for sticking around. appreciate it very much. let's head outside to steve. >> gretch, thank you very much. the big story today is an extreme winter storm. here in front of our world headquarters yesterday, it snowed a little bit. and overnight, look at that, that much ice fell on top of it and that's why it's such a slow go in the new york city area. where are the trucks? i just talked to somebody who is out on the road making the 20-mile trip into new york city, slipping and sliding. said it was like, you know, the ...