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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 0 could be up to $3 billion and the credit rating agency fitch slapped jp morgue win 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...

soledad. you look gorgeous. >> you like the hair. you satisfy. it's all about the hair at the end of the day. >> see you guys. it could be the end of the fen year war. leon panetta says there is a new goal, end come bad and switch the role of u.s. and nato troops from fighting and training. presidential candidates already weighing in. mitt romney's trashing the plan. the chairman of the house armed services committee calls it premature. we're going to talk about that? just a second. first barbara starr is at the pentagon. barbara, we've got about 89,000 boots on the ground in afgha...

the honor murders took place in june 2009. they found that mohammed shafia killed three of his teenage daughters and his first wife. all three were sentenced to life in prison with no chance of parole. bloody sunday in syria. 64 people were killed. heavy clashes were reported right outside the capitol, damascus. limited access to the country prevents cnn from independently verifying these reports. those are the headlines from cnn, the world's business leader. i'm zain verjee and show sh""wo business today"" begins right now. welcome to another week of wbt. i'm andrew stevens in h...

does not have the experience of being an effective leader. >> i am in fact the legitimate heir of the reagan movement. not some liberal from massachusetts. >> well, mitt romney has surged ahead in the race. and a win in florida could be pretty critical. cnn political editor paul stein haweshaus hauser is in tampa. >> we have four polls out over the past 36 hours, and they all indicate the same thing, that mitt romney is up by double digits over newt gingrich along people likely to vote in that primary tomorrow. take a look at the most recent out about two hours ago. you can see right...

cred for the winner. three major contenders running bus towards, all with the exception of jon huntsman are there. ron paul, mitt romney, michele bachmann and rick santorum have events this hour. we'll dip into the events and delve into the latest campaign intrigues in our fair game segment just about a half an hour or so from now. remember all that fuss about raising the nation's debt ceiling? well, guess what? it is time to ask for the final installment in a series of debt hikes authorized back in august. when we came within just days of a government default. this one is worth ab...