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ron paul ending active campaign in hissed by for the republican nomination. the thing is, he's still going after delegates. yes, mitt romney aside, he's working the state conventions. we've got more on that in a moment. but first, for the second time in a week, tongues are wagging over an edgy magazine cover. have you seen the latest? it's "newsweek" saying president obama is the first gay president. it his the response to presiden obama's interview last week with abc news. last week, the mom enough cover was really provocative. anyone who is living in a cave and just came out, b the...

wired. >> that's okay because there's lots of news this morning. >> up first this morning, heads about to roll. at jp morgan chase. according to bloomberg, the firm's entire london staff could be dismissed. the banking giant also expected to accept the resignation of this woman, ina drew. pulling down a salary of over $15 million a year. drew and two other company executives being held accountable for a stunning $2 billion loss. ceo jamie dimon doing damage control on sunday talk shows is. >> it was a stupid thing that, you know, we should never have done but we're still going to ear...

gomez say? >> he believed that ivens is distraught and that he's possibly suicidal. what is interesting about that though is that they would not comment on exactly why they believe that to be the case but obviously they have reason to believe that is indeed the case. they did search his home. they looked for his handgun. couldn't find it. at this point they are assuming he took his handgun with him. >> do they believe he's still in the los angeles area? >> not sure. we can tell you this is the third day of searching. he was last seen on thursday night by his wife as she was going to ...

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...

married but many others side with republicans. here is what he told cnn today. >> i think it's a matter of whether or not we're going adhere to something that has been historical and religious and legal in this country for many, many years. marriage has to have a definition. and we just happen to believe it's between a man and a woman. civil rights icon, rev rand joseph lowery. we're talking with him in just a moment. black churches have a lot oreconcile over same sex marriage. they are a major source of support. but as jones reports, many just won't follow him down this path. >> i l...