on the corner. the white suit says nothing about him. but the saddleback slingback sandals do. >> the fact that you think the suit is white shows me you have no clue whatsoever. and the one thing will cain should never do, use fashion in a sentence. >> i have never been with a group of people where the men overwhelmingly talk more about clothes than the women. >> hey, nice dress, margaret. nice shoes. done and done. >> you guys talk about it every day. >> all day. all day. >> he has 30 of those in his closet. >> moving on. tomorrow we're going to talk to ice-t. now we get to "cnn newsroom" with carol costello. happening right now in the newsroom, an amazing story of survival. an 18-month-old thrown from an suv during a police chase. that kid gets up and walks back toward the car. lying to a judge. the wife of george zimmerman who claimed the couple had little money because she was a fulltime student and george wasn't working is now charged with perjury. we'll tell you the code words

the couple used to communicate while he was in jail. dude, relax. rhode island set to become the 15th state to decriminalize marijuana. no big fines, no jailtime, nothing on your record. and other states are noticing. we'll talk with a state representative from rhode island about the growing nationwide movement. plus this. ♪ oh, you remember the kid who played darth vader in the volkswagen ad. this week, he goes in to have open heart surgery. 7-year-old max paige. this hour, we'll hear from his parents as we all say may the force be with him. "newsroom" begins right now. and good morning to you. i'm carol costello. thank you so much for joining me. we begin this morning with one of the most respected men on wall street and his bank's jaw-dropping blunder.

in 60 minutes, jamie dimon appears on capitol hill to say jp morgan chase's multibillion dollar loss is an isolated event. but those risky investments are reviving the debate over toothless banking regulations and taxpayers could ultimately feel the bite. alison kosik is at the new york stock exchange. good morning. >> good morning, carol. it's a given that wall street is going to be closely watching capitol hill this morning as jamie dimon testifies. but you know what? this matters even if you're not a jp morgan shareholder because it makes the case for more regulation in the banking industry, which could eventually trickle down to the average person. part of what's at stake is dimon's reputation. his standing as one of the most trusted voices in the industry. he earned that distinction in 2008 when he and jp morgan helped the u.s. government stabilize the financial system. >> in march of 2008, at the request of the u.s. government, we worked with regulators to prevent an uncontrolled collapse of bear stearns. in september of 2008, we are the

only bank prepared to acquire the assets of washington mutual. taken together, these two transactions saved nearly 40,000 jobs and prevented further market instability. >> reporter: jp morgan became one of the biggest banks in the world and dimon one of the moat credible voices in a battered industry. he led the fight against new reforms in congress, including the volcker rule. jp morgan had been using the tactic known as proprietary trading with great success at its chief investment office in london. the unit quadrupled profits from 2007 to 2011. but it ran into trouble earlier this year. a risky tangle of trades came undone. dimon announced losses of at least $2 billion, probably much more. >> the new strategy was flawed. complex. poorly reviewed, poorly executed, and poorly monitored. >> reporter: jp morgan has lost almost $30 billion in market share since then.

chief investment officer ina drew announced her retirement and dimon's reputation for strong risk management was tarnished. additionally, the timing of the losses coinciding with the latest round of financial turmoil in europe brought back bad memories, a warning that not enough has changed since 2008. and dimon will be testifying before the senate banking committee in about an hour. in his prepared testimony, he explains what happened and he apologizes. he says we will not make light of these losses, but they should be put into perspective. meaning the firm can absorb the losses. you look at how jp morgan did last year. it made $19 billion in profit. he says the company feels terrible for losing shareholders' money, but no client, customer, or taxpayer money was impacted. carol, also, cnn will be having live coverage of his testimony beginning at 10:00 a.m. this morning. >> and i know you'll be watching. we'll check back with you. alison kosik at the new york

stock exchange. a police chase in texas ends with the arrest of four teenagers, but that's not what caught our attention. no. it was the little girl who was tossed out of the car. >> 1050 >> as you can see, an 18-month-old is ejected from the get away car as those teenagers tried to escape officials following a robbery. amazingly, the child was hospitalized with nonlife threatening injuries. four teenagers were charged with several offenses, including aggravated robbery and injury to a child. we're going to hear more about what happened in the moments following the crash. we'll be talking with the lubbock police in just a few minutes. casey anthony is breaking her silence. she says she, quote, did not kill my daughter. anthony was acquitted last s summer in the death of 2 yoold caylee and has stayed in seclusion ever since.

she called piers morgan and spoke to him for about 10 minutes before his show last night. on the show, piers spoke with one of her attorneys. >> she said, well, i mean, there's obviously several misconceptions. obviously, i didn't kill my daughter. she said that very firmly. if anything, there's nothing in this world i've ever been more proud of. and there's no one i loved more than my daughter. she's my greatest accomplishment. clearly, a lot of people in america think she killed her daughter. but i was struck by that was what she wanted to get over straightaway, loud and clear. i didn't kill my girl. >> if she said that to you without any prompting, without any rehearsal, without any lawyering whatsoever. >> anthony told piers the public image of her is way off base. she says she doesn't drink now. and she's not selling herself to make a quick buck. quote, i'm not making gazillions of dollars at the hands of other people or trying to sell myself to anyone willing to throw a couple of dollars at me. the caricature of me that is out

there couldn't be further from the truth. at six minutes past the hour, here's what else is happening this morning. the suspect in a triple murder could appear in an alabama courtroom soon. 22-year-old desmonte leonard turned himself in to u.s. marshals last night. he is accused of gunning down several people at a weekend pool party near the campus of auburn university. two of the three people killed were former football players at the school. a manhunt is underway in and around the great smokey mountains national park in tennessee. authorities say the man seen in the sketch you're about to see sexually assaulted and then stabbed a lone hiker. there it is. the 44-year-old woman somehow managed to make it to a road. she flagged down a motorist for help. the park is increasing patrols and urging visitors to be on guard. today a third alleged victim is due to testify in the child rape trial of jerry sandusky. so-called victim number five will follow yesterday's disturbing testimony from a former graduate assistant at penn state, mike mcqueary.

he told the jury in 2001 he was in football facilities and had no doubt he witnessed sandusky raping a small boy. he said the image was so shocking it was more than his brain could handle. this morning, george zimmerman's wife is out of jail and facing tough questions about the couple's finances. shelley zimmerman is charged with perjury for saying the couple did not have the money to pay for her husband's defense in the killing of trayvon martin. prosecutors say shelley zimmerman was actually sitting on more than $120,000 raised online when she testified under oath by phone at zimmerman's bond hearing. >> and you mentioned also in terms of the ability of your husband to make the bond amount that you all had no money. is that correct? >> to my knowledge, that's correct. >> ok. were you aware of the website that mr. zimmerman or somebody on his behalf created?

>> i'm aware of that website. >> and how much money is in that website right now or how much money as a result of that website -- >> currently, i do not know. >> prosecutors say that's a lie, hence the perjury charge. let's bring in bj bernstein. she has handled a number of high profile cases. welcome. >> for someone who didn't want to be on tv, had special protection at that hearing, not to appear, and there we are, mugshot. >> big old mugshot. >> we know who she is. >> she had no trouble posting the $1,000 bond to get out of jail. did that in a second. >> right. >> i mean, how do you get -- how do you swear to tell the truth, the whole truth, and nothing but the truth, and then allegedly blatantly lie? >> it happens all the time. and what obviously one of the key pieces of evidence that the state is going to look at is the phone calls. and for everybody who doesn't know, when someone calls you collect from jail, any jail, those calls are recorded. and they keep them. and particularly with high

profile defendants like zimmerman, you know that the state was listening to every word he said when he was locked up. >> so these jailhouse conversations, prosecutors say that george zimmerman actually used code words to communicate the trans-fehr of money from one account to another. he even allegedly told his wife to pay off credit card bills like the american express and the sam's club card. >> yeah. i mean, these are the things that, you know, it creates interesting issues for zimmerman and zimmerman's attorney, who has publicly announced he has a legal conflict and cannot represent the wife because now he's trying to still get bond and trying to save credibility for zimmerman. remember that this judge who revoked this bond is the one who is going to decide whether the stand your ground law is applicable and whether this case goes to trial. so zimmerman's credibility is at issue. and then someone who may have been a helpful witness is potentially damaged because his wife's been arrested not just lying but the law of perjury

requires it to be something material. something important. in other words, not just any little old fact. and that's something that hurts zimmerman and could potentially hurt his wife. >> i was reading a bunch of articles online. there are already people coming out and saying that this is a setup, that prosecutors set this whole thing up. and it isn't as bad as it looks. you're an attorney. is it as bad as it looks? >> it's not good as it looks right now. there would have to be a lot of explaining. it's interesting when you just did that replay of what she said, to my knowledge. she is very measured words. that may be the only chance of some sort of defense that you have here, and also looking at where the money went. i have seen reports where money is moved from account out of the account into her account and then moved back into the other fund. and so those account movements and her cautionary words are going to be the only things that potentially protect her on this. >> so if she's convicted of perjury, what could happen? >> she could go to jail.

but most likely, this is the kind of thing of it would affect her credibility at any trial. and that makes her not a witness for zimmerman that he can rely on, and he better look elsewhere for support and help in terms of his case and for the prosecution it's more fuel to the fire that they are right. and to the crump -- lawyer crump and the trayvon martin family, it does echo what they have been saying, which is there's lies going on, and that their son was murdered. >> bj bernstein, thank you for joining us this morning. >> thank you. it's 223 years old, but it looks almost brand-new. and it can be yours for a couple of million bucks. i'm talking about a piece of american history. this is so cool. this includes the constitution and a draft of the bill of rights all owned by none other than george washington. next week, christie's will auction the item which was printed specifically for washington during his first year in office as president. wow. you can already smoke

marijuana in 14 states without facing and real jailtime or large fine. and there's another state in the mix. [ jennifer garner ] why can't strong sunscreen feel great? actually it can. neutrogena® ultra sheer provides unbeatable uva uvb protection and while other sunscreens can feel greasy ultra sheer® is clean and dry. it's the best for your skin. ultra sheer®. neutrogena®.

15 minutes past the hour. checking our top stories now, in 45 minutes, lawmakers are expected to grill the top man at the nation's largest bank. jamie dimon will testify about jp morgan chase losing billions of dollars in risky investments. the losses have revived debate over the need for tougher banking. as you can see, he is walking into the house right now. let's just look at the live pictures for just a minute. as you can see, he is surrounded by reporters and is due to be grilled by lawmakers in just about 45 minutes. as i said, this brings up the idea again of tougher banking regulations. i'm sure that will be -- that idea will be included in questions from lawmakers this morning. also this morning, one of gabrielle giffords' former aides is celebrating after winning a special election. ron barber will serve out the rest of giffords' turn. barber was wounded in last

year's shooting that left giffords with a gunshot wound to the head. she officially resigned from congress in february. in money, verizon is unveiling its new share everything plan to allow you to spread data allotments across all of your devices, but verizon is killing its voice minute plans. bottom line, if you have multiple devices you'll say money. but if you only have a phone, you're probably going to pay more. the fires in colorado now 10% contained this morning. more than 43,000 acres have burned. president obama also offering money and equipment today. the number of fire engines and crews will double. in sports, golfer rory mcilroy is considering a career change. he just wore a san francisco giants jersey to throw out the first pitch at their game last night. and you see, it was a pretty good toss for a guy from northern ireland. he is in town to defend his u.s. open title this weekend. rhode island is set to become the 15th state to decriminalize marijuana.

no big fines, no jailtime, nothing on your record. 14 states have already reduced criminal penalties for recreational use of marijuana. and a gallup poll shows a record high of 50% of americans now say that marijuana should be legal, up from 46% two years ago, and 25% in the '90s. rhode island state representative john g. edwards has a bill on the way to the governor that could make his state the next two decriminalize marijuana. welcome. >> good morning, carol. >> good morning. thank you for being here. tell us what exactly your bill does. >> my bill will actually take away the criminal penalty and make the penalty for possession of a small amount of marijuana a civil penalty. very much like a speeding ticket. >> so -- >> actually it will have a $150 fine. if you get caught three times in 18 months, the fine reverts back to the current penalty. and if you're a minor, and you get caught, your parents are notified.

you have to do community service. and you also have to do a drug rehab program. >> i know you support medical use. but not recreational use. and hence, you know, we heard what you said. yet you say there's a difference between decriminalizing marijuana and making it legal. can you parse that out for us? >> there's a big difference. number one, it will continue to be illegal in the state of rhode island. it will just have a civil penalty, very much like a speeding ticket. which means the police if they catch you with it will take it away. they will issue a citation for a $150 fine. and if you get caught three times in 18 months, you revert back to the current penalty, which is $500 or more and up to six months in prison. >> some might say this is just another step in legalizing marijuana. is it? >> no. this is a step to take away the criminal stigma from something that a lot of americans do.

and 65% of the people in recent polls in rhode island support this measure. >> well, still, like i said, you said 65% of americans do it. so, again, is your bill and laws like it enacted across the united states just a first step in legalizing marijuana? >> i don't believe so. you've had 14 other states do it. some of them way back in the 1970s. you have had -- you haven't had any legalization steps in any of those states. you have a state like north carolina, alaska, that have decriminalized marijuana in one form or another. our neighbors, connecticut and massachusetts, have both decriminalized it. so it's now is the time really for rhode island to step up and join its neighbors. >> well, it just seems to me like the wave is coming. if people do it, and they accept it, and most people think that marijuana should be legalized, then why don't legislators just go ahead and legalize marijuana instead of taking baby steps?

>> well, you know, you understand the legislative process. it's all about baby steps. you might look at this as a baby step. i look at this as a very large step for rhode island. this is something we have been working on for several years. and i'm hoping that we can have this law go into effect, the governor signs it, and we go from there. and we see how the decriminalization works for rhode island. it will save the taxpayers in the state money. it's going to keep people from having their lives ruined, especially if they have a youthful indiscretion. and overall, i think it's going to be good for the state. it will allow our police to do their real job, which is go after real crime. not people who happen to have a small amount of marijuana in their possession or in their car. >> although there are law enforcement officials in your state who say that marijuana is a gateway drug, and this bill, if it becomes law, will make it more difficult for them because kids will think it's ok to smoke marijuana because it's no big deal, really no big deal now, and they'll graduate to harder drugs.

>> that's a fallacy. they have done studies on states that have already decriminalized it, and there has been no increased usage in those states does. you'll find that the police in massachusetts haven't had a real issue with it. the police in connecticut haven't had a real problem with it. you'll find overall that this is a good measure, and it will allow the police to really do what they do best, which is solve real crime. >> i know this is off topic, but i have to ask you. your name, john edwards, we added the g of course, i mean, it -- >> i'm the good john edwards, carol. >> really, how do people react when you say hi, i'm john edwards? >> well, usually if it's a woman, i usually get a very generally bad reception. i have to stress that i am the good john edwards, not the one from north carolina. and i still love my wife. and i take care of her very well. >> well, thank you so much for joining us, john g. edwards. >> thank you, carol, for having

me. >> sure. with father's day coming up this weekend, we can't help but notice there's definitely a disconnect between pop culture and reality when it comes to dads. why are they always portrayed as bumbling idiots? we'll talk about that. and don't forget if you're heading out the door, you can take us with you. watch us anytime on your mobile or computer. just head to cnn.com/tv. [ gnome ] enjoying your holiday?

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now is your chance to talk back on one of the stories of the day. the question for you this morning, why have dads been downgraded? have you looked at the dads in pop culture these days? it's a pretty sight. cute and cuddly but clueless when it comes to raising kids. >> you drop your kid off a changing table? >> stuff just happens, ok? last week, my kid ate a cigarette. >> i caught him playing in a dryer yesterday. >> i picked up the wrong baby from day care. >> he says dads have poorly been portrayed, saying dads have become obsolete in our culture. rare is the tv dad who is not a

buff fan, screw-up, incompetent ass. when did men go from "father's knows best" to national lampoon's clark griswold? talk about iconic. after all, president obama, america's dad in chief, is a parental role model. a as his campaign reminds us. it is stunning that fathers were eight times more likely than mothers to be portrayed negatively. so why the disconnect? i don't remember my dad ever having a problem pushing the baby carriage way back in the dark ages, the '60s. he says today's dad is out there in birthing classes, on the blogs, and in the parks doing his fair share and deserves more than what popular culture is dishing out. i second that. so the topic of question today, why have dads been downgraded? facebook.com/carolcnn. i'll read your comments later this hour.

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good morning to you. i'm carol costello. it's 31 minutes past the hour. opening bell just rang on wall street. stocks are looking flat today as investors wait on economic reports and new details about trading losses at jp morgan chase. jamie dimon will be testifying before congress in about 30 minutes. he has already admitted we have let a lot of people down, and we're sorry for it. that's just part of what we're expecting to hear from jamie dimon today during that senate committee appearance as dimon tries to explain the trading blunder that led to a multibillion dollar losses for his firm. and damaged his reputation. regulation correspondent lizzy o'leary is outside of the hearing room on capitol hill. we just saw jamie dimon walk in. reporters were already asking him questions. >> yeah.

i was one of them, carol. look, i've known jamie dimon for a long time. he's not someone likely to shy away from an opportunity to talk to someone with a microphone or a notebook in their hand. but he wasn't doing that today. he knows his audience is congress. and also people who are trying to figure out three main things here. number one, what happened, how did they lose so much money, and who was minding the store. should he and the other leadership folks have been in control there? number two, what's jamie dimon's future? remember, this is the guy who has been sort of the ambassador for wall street. he was at one point very close to president obama. much less so now. and number three, what's the future of financial regulation? dimon was supportive of that in the beginning. when that dodd frank law was written. he's been much less so as this has moved along. a lot of attempts even by lobbyists from his own firm to weaken some of the things that were put into law by congress.

this is still an ongoing thing, though. the law was passed. they still have to put a lot of rules into practice. so what jamie dimon says has a big influence on how financial regulation gets written overall, carol. >> i know you're going to stick around and listen to that entire lawyeri hearing. jamie dimon will be testifying in just about 30 minutes. we will bring his testimony to you live as it happens. the issue of climate change has become so polarized in politics that lawmakers are avoiding the term altogether. instead, one state is calling it "recurrent flooding." in your jeep grand cherokee. and when you do, you'll be grateful for the adaptive cruise control that automatically adjusts your speed when approaching slower traffic. and for the blind spot monitoring that helps remind you that the highway

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question. is sea level rise a left-wing term? some virginia state republicans think it is, and they insisted it be removed from a study designed to save norfolk, virginia, from rising sea

levels. norfolk spends about $6 million every year trying to prevent flood damage. scientists say the problem is related to climate change and rising sea waters, but some republicans are so repulsed by liberal buzz words that getting laws passed to address the problem can be challenging. but a bipartisan team of state senators managed to convince virginia lawmakers to approve $50,000 to study virginia's erosion problems by avoiding certain phrases. one of those senators joins me now. he is virginia democratic state senator ralph northam in virginia beach. >> thank you so much for having me, carol. >> we invited your republican counterpart but he couldn't make it this morning. so welcome. we're glad you're here. first of all, tell us what could happen to norfolk if the flooding problems aren't addressed. >> well, we have a tremendous issue here in norfolk as most of you probably know. we are second only to new

orleans in the united states as to how vulnerable we are to flooding. and we know that over the past 100 years about that we've had a sea level rise of about 14 1/2 inches. so with that in mind, as we move forward with planning for our roads and our infrastructure, for taking care of the military, which is 47% of our economy here in hampton roads, and really working with the courts and could go t doing the things that they need, it's important that we know the impact of the sea level rise is a reality. and for good planning we need to know about that as we move forward. >> hence that's why you guys want to spend $50,000 of taxpayer money to study this problem. and to do that, it was no easy task. so this is what we've heard. at first, the studies were about climate change. and then sea level rise. and now they are about coastal resilience. how long did it take you to reach this compromise on language so you could implement this plan? >> yes, ma'am.

we started with sea level rise. and it became apparent in talking to some of my republican colleagues in the house and the senate that we would need to change it to recurrent flooding, which we did. so, you know, it's just a matter of semantics. we were able to do that. and then as you said earlier -- >> but didn't that drive you crazy? >> well, it's frustrating. it's a bit embarrassing. as you know, i'm a pediatric neurologist so i rely heavily on science and evidence-based medicina what we try to practice. for those out there that are ignoring the science it is frustrating. but we need to move forward, so that's why we did what we did. >> well, compromise is a beautiful thing, especially nowadays. but i just wonder why is a phrase like sea level rise sending some people screaming? >> well, it's a great question. and i -- you know, i don't know what they're thinking. i don't know what they are worried about. but again, i -- you know, calling a spade a spade, it is a reality that the sea level is rising.

we know that. we know that it's going to impact us here in hampton roads. so whether you call it, you know, sea level rise or recurrent flooding or climate change, the bottom line, it's a reality, and we need to do what we need to do in order to take care of the taxpayers' money and do it in a responsible fashion. so, you know, it's just a matter of semantics. and we need to move on and do the right thing. >> and you guys did. senator northam, thank you so much for being with us. >> thank you so much, carol, for having me. the way you surf the internet could be changing. if companies like google have their way. we'll tell you why. tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten. you still like things to push. [ engine revs ]

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43 minutes past the hour. stories making headlines this morning, move over dot-com and dot net. soon we may be serving dot google and dot lol, all part of a plan to expand internet domain names. and companies like google are paying big bucks for the opportunity. a list of those companies expected to be released today. in money news, fudge, carmel, and bacon? not the ingredients in your traditional ice cream sundae, but burger king is hoping it will lure bacon lovers and others back to the fast food chain. the bacon sundae, which comes in at a whopping 510 calories, is part of a limited edition summer menu item. it debuts tomorrow. the kid from last year's

adorable darth vader super bowl commercial is having open heart surgery tomorrow. you remember this volkswagen ad. ♪ >> it was the best commercial. that's max paige under the mask. the 7-year-old was born with a heart defect. his family told nbc's "today show" they wanted to fun up the house for when max left the hospital. >> covered in science projects and paint. and every stuffed animal that he owns is waiting for him in the living room. so when he hangs on the couch and he is a little groggy and sleepy, he'll look around at all of his animals and be surrounded with love. we're entering that part now where we hand our son over to very skilled and talented people, but with a mission to save his life. and that's just -- we have him right now.

>> doctors will plareplace max' pulmonary valve. this was one of the most popular commercials that year, this little darth vader guy. >> i love the kid. unfortunately, we didn't get to see him start the car. that was the whole thing. suddenly, little darth walks out that volkswagen and, boom, somebody remotely starts and it just made his day. and everybody else's day too. >> he is a great kid. he's been raising money to help other kids with heart problems. so our best to him. let's talk about something more fun, shall we? marilyn monroe perhaps. >> yes, marilyn monroe. not so much fun for companies involved in what's shaping up to be a little legal. marilyn monroe's estate is very concerned about digital

holograms of marilyn monroe. it alleged created the image in the mid 1990s. the estate here wants to stop diggiconfrom infringing on their rights and stop using marilyn's image. digicon says they have a copyright to this virtual marilyn monroe, and what they are trying to do is create an entire concert around the character. imagine showing up to a marilyn monroe concert in 2012. they also say the estate doesn't have any rights to publicity for marilyn's image, and they point to two court cases they say justify that statement. according to digicon, the estate didn't inherit those rights. it will be interesting to see regardless of the legalities. what concern me is marilyn monroe was seemingly exploited so much in life, it's a shame to see that going on all these years later. >> and just the whole idea is just kind of creepy. it's just creepy. i don't know. aj hammer, thanks so much. >> you got it.

we asked you to talk back on one of the stories of the day. the question for you this morning, why have dads been downgraded? the responses are coming up. we charge everything else... maybe it's time to recharge the human battery. only the beautyrest recharge sleep system combines the comfort of aircool memory foam layered on top of beautyrest pocketed coils to promote proper sleeping posture all night long.

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it's "talk back." one of the question, why have dads been downgraded? some label me as mother trapped in a father's body. even my co-workers praise me as a superdad. maybe a lack of the title versus being a sperm donor. also, overcompensation from the feminist act. we skipped being equal. from tom, mommy's buying more stuff. from mitzi, they haven't been downgraded. what needs to be addressed, too many dads aren't around to take

care of the kids they make with different women. kyra, my husband is a superdad, involved with hazing our son. i have to believe this will have a stronger influence than any tv show portraying dads as dingbats. keep the conversation going, and thanks as always for your comments. i'll read more in the next hour. also ahead, the philly fanatic. why a woman is suing over what was supposed to be a funny phillie fanatic stunt. i want healthy skin for life.

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jeff fischel is here. oh, the miami heat. >> you know, lebron james will hear about it the rest of his career until he wins an nba title. doesn't matter he gets his team here year after year, he's got to win a title. the season, a lot of people thought the heat and oklahoma thunder would meet in the

finaling. sure enough it is them. you got lebron and dwyane wade on one side. russell westbrook on the other, and early on, everybody but the stars. miami heat firing away fra three-point range. five three pointers in the first period, lebron contributing not any of them. went up seven apartment the half. different story after the half. dominating. outscore the heat in the second half. dura durant, 17 of his points in the fourth quarter. lebron, 17 points in the four quarter. thunder win in front of an enthusiastic home crowd. the thunder struck. 105-94 final game two tomorrow night in okc. one for the history books. baseball history. a-rod, a grand slam against the braves. 23rd of his career tying him with lou gehrig for number one on the all-time list.

another great yankee. a-rod said it was special. special for the teenage fan who caught the ball. met a-rod, signed bat, jersey. a-rod's blast tied the game. yankees go on to win. roy mcilroy in san francisco for this weekend's u.s. open at olympic tlclub. threw out the first pitch. he's not a baseball guy. that's pretty good. also al rory mcilroy bobblehead doll. the guy sderchs one. the giants pitcher, madison baumgardner, the pitcher, home deep for a home run. wins his eighth of the year and the giants win. one woman not laughing at the philadelphia phillies phanatic. suing the mascot for throwing her into the pool during a comic routine at a new jersey resort. like, imagine a "jersey shore" gone bad. suffered severe and permanent injuries all over her body.

lawyer-speak. "loss of life pleasures" in lawsuit. i can only imagine. because of that, injured all over and lost life's pleasures. >> sure you'll keep us posted. >> leave it right there. how would you like to have a dog named after you? oprah did not and called out rapper 50 cent for it. jeanne moos explains. >> reporter: at least rapper 50 cent didn't call oprah a dog, but he did call his dog oprah. >> you named your dog oprah. that was not a compliment. >> you have a tattoo? >> named gayle. >> oprah's best friend. >> oprah and 50 cent had a feud going. she campaigned against the use of the n word in rap and said some rap was degrading to women. 50 took it personally and fired back. he didn't just name his dog oprah, he started a twitter account for oprah the dog sending out twit picks and

foul-mouthed tweets. oprah the dog was lmto, laughing my tail off, oprah the celebrity wasn't. years later on her own network asked 50 to himself. >> i heard you had a bitch named oprah. >> i should consider that an compliment, whether you nent to be or not. >> i love you. dog's is man's best friend? >> yeah. >> reporter: actually, lots of celebs name their dogs after other celebs and usually mean it as an honor. actress jennifer garner has lab named after martha stewart. >> this is one martha stewart, and this is the other martha stewart. >> who's better behaved? >> reporter: generjennifer is a. back when kathie lee and regis co-hosted, always asking her to name babies after him. she counteroffered. >> if i adopt a puppy from the

pound and name him regis, would you get off my back? he goes, would you do that for me? he would. and she did. >> reporter: a movie called "i love you, man" featured a pug beagle mix. >> what's his name? >> anwar sadat, because he look exactly alike. >> reporter: the daughter of the president disagreed, file add lawsuit and complained to the u.s. embassy. as for 50 cent he feigninally g oprah a serious answer why he named his dog after her. >> developed negative feelings from somebody who didn't even know me. >> reporter: at the end of the interview, the two sniffed and made up. >> here, regis. >> reporter: don't call me that. i'm a donkey. >> here, regis. >> reporter: new york. the next hour of "cnn newsroom" begins right now.

-- captions by vitac -- www.vitac.com > good morning. i'm carol costello. just ahead, shocking individual grow texas. look closely as an 18-month-old girl is thrown out of an suv but miraculously gets up and starts walking. plus, an announcement changing the way we surf the internet. the end of the dotcom era? and the country's biggest youth football league, the rule changes designed to make sure kids don't suffer concussions at an early age. but we begin this morning with one of the most respected men on wall street. his bank's jaw-dropping blunder, jamie dimon appearing on capitol hill. getted seated there. jamie dimon will testify that jpmorgan chase's multibillion dollar loss is an isolate eade vent. make no mistake, the ripples go far. those risky investments are

reviving the debate and taxpayers could ultimately feel the bite. take a closer look. christine romans is part of the cnn money team and joins us now from new york. what is mr. dimon expected to say? >> likely to say, we know what his prepared testimony is, he's going to say, look, this was an error in risk management. something that's incredibly important to all of these big banks, that this was trading operation that made a big mistake and that taxpayer money was never on the line. this was a multibillion dollar trading loss that has hit certainly the shareholders of jpmorgan chase and certainly hit, bit into its profit, but didn't put the bank or taxpayers on the line. it is a huge bank, and on that point, you know, it's about two, maybe two months of their profits disappeared overall for the bank simply because of this trade. he's going to try to say this is not a fault of a broader risk issue, more regulation for that. look, the chink in his armor, however, right? no matter how big the loss is, a

chink in his armor, carol. this is the man standing up at the moral authority of wall street saying, washington, you don't know what you're doing. trying to regulate us out of business, getting it wrong, going to hurt the economy. don't regulate us more. by the way, a big loss in my unit i didn't know was happening and happened to be the same derivatives that brought down the were global economy in 2008. you'll hear a lot of senators trying to get limb to concede that washington needs more regulation. you'll hear jamie dimon con tript but not aggressive. you can hear from the -- there's -- >> let me interrupt. hearing people -- >> stop foreclosures now. stop foreclosures now. stop foreclosures now. stop foreclosures now.

>> obviously, this, christine, was planned, and authorities were quite ready to escort these people out. don't know which group they belong to, i suspect occupy wall street, maybe? we'll try to find out. jamie dimon seated. what happens next? >> you'll hear the opening remarks. he's got them prepared. in these situations they don't read the entire prepared testimony, a version of it saying this whole testimony is for the record. you'll hear senators asking him questions. this could go on some time. you might recall a couple years ago, the chairman and ceo of goldman sachs, he came for a hearing on the hill that also started at 10:00 in the morning and i was still standing in the rotunda at 9:00 p.m. doing live shots about that hearing. i'm not predicting that's going to happen today. just saying, an awful lot of -- let's just say grandstanding for sure and also probably real

fact-finding this committee will try to do. >> when it really gets underway, we'll get back to you. christine romans from new york. sometime today the suspect in a triple murder could appear in an alabama courtroom. 22-year-old desmonte leonard turned himself in accusing of gunning to you people near the auburn university. two of them were former football players. today could be the big day in it rape trial of jerry sandusky. the prosecution witness, father of mike mcqueary. yesterday the younger mcqueary told jurors he had no doubt he saw sandusky raping a young boy inside the football facility at penn state. what does the father of john mcqueary, what will he have to say, susan candiotti? >> reporter: already the first person to take the witness stand. he has testified and pretty much said, carol, what he would have

expected him to. he backed up his son's testimony and said that indeed his son did call him the night of this alleged rape by jerry sandusky of a boy in a shower. that his son called him and his son was very distraught and met with him in person that very same night and his son described to him pretty much what happened, in his words. his son said, words to the effect of, you didn't have to be a rocket scientist to figure out what was going on. what happened after that, he said, is about two months later, mike mcqueary's father testified that he had a meeting that was not related to this set up with former penn state official gary schultzed. during that meeting he asked schultz whether he needed anymore information about that incident that his son had reported to him. and in the words of mr. mcqueary, he said that mr. schultz told him that, he heard some noise about this before

involving jerry sandusky in the past, earlier than mike the report. but he didn't ask for anymore information or say what was being done. now, carol, that was the first witness. he was cross-examined briefly and he's done. at this hour, we are hearing from another alleged victim, and i only heard the first 15 minutes of it. couldn't hear the name. we believe this to be from what he's saying, alleged victim number ten. so far, this young man, who is now 25 years old, testified that when he was much younger, that jerry sandusky performed oral sex on him, sexually assaulted him at least five times. and he testified that he reported this incident to his foster mother, or rather, that something had happened, that he simply didn't want to see jerry sandusky anymore. he's testified he didn't tell his foster mother exactly what had happened and then never saw jerry sandusky again. other than to stay that he said

that jerry sandusky told him originally that if he reported this to anyone, that he would never see his family again, and then he said the next time, the next day that sandusky told him he didn't really mean that and was sorry. in any case, they never had any encounter es after that, carol. >> susan candiotti, thank you very much. george zimmerman's wife is facing a purgely charge for allegedly lying at his bond hearing. shellie zimmerman bonded out. george zimmerman charged with second-degree murder in the death of trayvon martin. at a bond hearing shellie zimmerman testified she was not aware the couple had money top assist in his defense. prosecutors accused george zimmerman of actually having $1357,0$ $135,000. and attorney general eric holder, a charge during his latest capitol hill appearance.

>> you violated the public trust, in my view, and by failing and refusing to perform the duties of your office. so, mr. attorney general, it's more with sorrow than regret or anger i would say you leave me no alternative but to join those who call upon you to resign your office. >> with all due respect, senator, there is so much that's factually wrong with the premise that you started your statement with. it's almost breathtaking. i don't have any intention of resigning. >> "fast and furious" flap not going away. to remind you, the sting operation run by the bureau of alcohol, tobacco and firearms and explosives starting in 2006. the feds allowed weapons to be purchased illegally to connect them to drug cartel leaders. agents lost track of hurns of weapons after they crossed the border and two of those weapons turned up at the scene of 9

killing of a u.s. bordered patrol agent in the december of 2010. the justice department has acknowledged the program was flawed, but that is not good enough for republicans. cnn senior legal analyst jeffrey toobin is here. welcome, jeffrey. >> hi, carol. >> what i'd like you to do, douse us with reality, because this has become very partisan, this argument over eric holder. he testified before the house judiciary nine times. each time has admitted "fast and furious" was a dreadful mistake and each time holder says he was unaware of the tactics of the operation. why don't republicans believe him? >> well, this is really much more to be filed in the category of politics than law. this was a terribly conceived plan. worth pointing out, as you just did, it started in 2006. in the bush administration, but continued in the obama administration, and it was a bad idea. the heart of the complaint by the republicans against holder

is that he is somehow covering up his role in it and a big dispute over documents. has the justice department produced all the documents that the congressional republicans want? now, this is really a traditional fight between the legislative branch and the executive branch. they are often fighting over which documents can be made available to congress, but the idea that there is some sort of corruption here that there is something sinister has not been proven at all, at least as far as i can see. >> so why doesn't holder just turn over the documents? >> well, he has turned over a great many documents. one of the ways that the justice department and the congress always fights is, justice department says, look, there are certain internal documents that are not congress' business, that are not subject to congressional investigation. that came up in the bush administration. it's coming up now. that is the heart of the dispute that's going on now. >> so republican lawmakers are

threatening to hold holder in contempt. holder says that would create a constitutional crisis. so would it? >> i don't think so. i think this is mostly show business one way or another. i think it would be embarrassing for holder. unpleasant. i think that's really the goal of what going on here. eric holder, despite the wishes of apparently some in congress is not going to be hauled off in handcuffs. this is likely to peter along until the end of president obama's term, or his first term, and then presumably eric holder will leave at the end of this term. he has more or less given a signal he's not going to stay on, but i don't think any constitutional crisis or for better or worse any resolution until the election. >> jeffrey toobin. thanks so much. >> okay, carol. a police chase that ends with an arrest. that's not so unusual, but what you are about to see certainly is.

>> 27, about 3700 block. >> that was an 18-month-old girl tossed from a getaway car after four texas teenagers commit add robbery and tried unsuccessfully to escape police. amazingly, this tiny child was hospitalized with non-life threatening injuries. the teenagers now charged with several offenses including aggravated robbery and injury to a child. dotcoms could soon be a thing of the past. instead you could be visiting dotgoogle, or dotfacebook. this morning the internet's governing body revealed the liftie of possible new web domains. so what does that mean for you? ♪ [ acoustic guitar: upbeat ]

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what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. 16 minutes past the hour. just minutes ago on capitol hill, hecklers disrupted the hearing on one day the staggering losses. >> stop foreclosures now.

>> those protesters delayed, albeit momentarily, the testimony by the ceo of jpmorgan chase. jamie dime been discuss the loss by the nation's largest bank. those risky investments, debating whether tougher banking regulations are needed. we are inside that hearing room and will continue to closely monitor what's being said. cnn's business correspondent christine romans will join us throughout this hour. the fire is still raging in colorado this morning. officials contained 10% but more than 43,000 acres have burned. president obama has calmed the governor offering money and equipment. crews are expected to have twice the number of fire engines today. and verizon unveiling its new share everything plan. allowing to you spread data device ace cross your devices but verizon is killing its voice minutes plans. multiple devices, you'll save

money. only a phone, you'll probably pay more. the thunder knocked off the miami heat 105-94 last night. kevin durant led okc with 24 points. 17 in the fourth quarter. move over dotcom and dot org, the internet is changing. this morning a group that helps organize the web revealed 2,000 applications for possible new web domains. we could soon see domain names like dotbaby, dotpizza, even dotwtf and hundreds more. the largest expansion since the internet's naming system, but it's complicated and expensive. costs $185,000 just to submit an application for a domain and companies may be fighting for the same domain names. john abel, a columnist is live to explain it all. welcome. >> good to be with you.

you missed the best one. seven entities have applied for dotlove. >> oh, that warms my heart. >> absent, dotcnn. for shame. >> that is for shame. we have one -- oh, i'm sorry. i have to bankrupt. jamie dimon is testifying before a senate committee. we're going to listen to his remarks. >> i will explain everything i can to the extent possible. jpmorgan's since lines of business provided an array of financial products and services to individuals, small and large businesses, governments and not for profit institutions. these include deposit accounts, loans, credit cards, mortgages, capitol hill markets advice and fund-raising, mutual funds and other investments. let me start by explaining what the chief investment office does. like many banks were she more deposits than loans. at quarter end held approximately $1.1 trillion deposits and $700 billion in

loans. cio along with our treasury unit invested excess cash in a portfolio including treasurer rirs, agencies and mortgage backed securities, high quality securities, corporate debt and oh domestic and overseas assets. it also serves as an important vehicle for managing assets and like thes of the consolidated entity. in short, the bulk of cio's responsible is to manage approximately $250 billion portfolio in a conservative manner. while the cio's primary purpose, manage long-term interest rate currency exposure it maintain as smaller synthetic credit portfolio, original intent, protect or hedge the company against a systemic event like the financial crisis or eurozone situation. so what happened? in december 2011 as part of a firm effort and anticipation of new basil cap requirements we instructed the cio to reduce

risk weighted assets and associated risk. to achieve this in the synthetic credit portfolio the cio could have reduced positions. instead starting in mid-january, it embarked on a complex strategy that entailed any positions it did believe offset the existing ones. this strategy, however, ended up creating a portfolio larger and resulted in being more complex and hard to manage risks. these portfolio morphed into something rather than protect the firm created new and potentially larger risks. as a result, we've let a lot of people down and we are very sorry for it. now, let me tell you how it went wrong. these are not excuses. these are reasons. we believe now a series of events led to the difficulties in the synthetic credit portfolio. detailed in my written testimony but i highlight the following. cio was poorly conceivened and vetted. in hindsight the cio trade der

not have the requisite understanding of the new risks they took. the risk limits for the synthetic credit portfolio should have been specific to that portfolio and much more grandeur, ie., allowing lower limits. should have done more scrutiny from both senior management, including myself in that and the firm-wide risk control function. in response to this incident we've taken a number of important actions to guard against any recurrence. we've appointed entirely new leadership for cio. importantly, our team made real progress in aggressively analyzing, managing and reducing our risk going forward. while this is not reduced the losses already incurred and does not preclude future losses it does reduce the probability and magnitude of potential future losses. >> okay. you probably get the gist of what jamie dimon is telling senate leaders here. we want to go to new york and christine romans.

christine, you've been listening to jamie dimon's testimony. translate this from financial speak for us. jamie dimon, apologized, and then he listed a couple of things he's doing to prevent these kinds of losses from happening again. >> basically, you know, bankers are risk managers. their business is taking risks. one of the things they do. right? you have to make sure those risks are calculated and offset by other positions somewhere else in the company, and this was a failure of risk management, and he's saying that, you're right, outlining ways they're going to fix it. one part of his prepared testimony i want to bring up to you that shows exactly what he's saying went wrong here. this was a portfolio that was there, that morphed into something rather than to protect the firm and its exposure, of its books around the world, he said, "it created new and potentially larger risks." in hindsight, cio traders, that office he's talking about, cio traders did not have the

requisite understanding of the risks they took. >> ooh. >> there's the money bite. his traders didn't know what they were doing. here's somebody who's been saying for a long time washington, get out of our business, you're slowing us down. we know what we're doing. more important than the volcker rule is the jamie dimon business. i run my business. it happened right under his nose. a lot of money. shareholders lost a lot of money. just since may 10th the stock is down, i think like 15% or something. a really rough go of it overall here. jamie dimon telling them, stay out of our business, now saying, oh, yeah. here's why i didn't even see this coming either. the question, one bad trade, carol? or will they use this as a chink in his armor to try to go after him about more regulation on wall street? i suspect that's what the hear lg turn out to be. about regulation of wall street, still three years after the financial crisis. >> the questioning has not yet begun from senators. at that point, the hearing will get a lot more interesting and

you'll continue to monitor this for us? >> i'll watch. >> cool. we'll take a quick break and christine will continue to listen to jamie dimon. instead i got heartburn. [ horse neighs ] hold up partner. prilosec isn't for fast relief. try alka-seltzer. it kills heartburn fast. yeehaw!

now is your chance to "talk back" on one of the stories of the day. the question, a couple days before father's day, why have dads been downgraded? have you look go ahead at the 2k dads in pop culture?

cute, cuddlcuddly, but clueless it comes to kids. >> you drop your kid on a changing table? >> i caught mine in the dryer. >> i picked up the wrong baby in day care. >> no judging. >> michael landour says dads poorly portrayed by a mommy centric message. dads be obsolete in the culture. rarp is the tv dad who is not an unprepared, arrogant, incomp ternt ass. when did dad go from the guy always right to the dingbat dad? after all, president obama, america's dad in chief is a parental role model as his campaign reminds us with this year's father's day card and mitt romney is clear his sons love and admire their father. in a study by the national fatherhood initiatives says fathers were eight times more likely than mothers to be

portrayed negatively. why the disconnect? i don't remember my dad ever having a problem pushing the baby carriage, back in the dark ages. the '60s. today's dad is out there in birthing classes on the blog, in the parks, doing his fair share and deserves more than what popular culture is dishing out. i second that. the "talk back" question for you, why have dads been downgraded? facebook.com/carolcnn. i'll read your comments later this hour. just a day before his big speech on the economy, reports that democrats are worried about president obama's strategy for re-election. what can he do to get back on track? why are democrats panicking? our political buzz panel weighs in. my mother froze everything.

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[ shapiro ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom today and make your business dream a reality. at legalzoom.com, we put the law on your side. checking top stories now at 30 minutes past the hour -- about 20 minutes ago protesters were escorted out of a congressional hearing during jpmorgan chase's ceo's testimony. jamie dime sn on is insisting h banks loss was a incident. george zimmerman's wife is facing a perjury charge for allegedly dry lying at his bond

hearing. at a bond hearing shellie zimmerman testified shep was not aware the couple had money to assist in the defense. prosecutors accused zimmerman of having at least $135,000 in the bank. violence rages on in syria. nearly 50 people killed today. secretary of state hillary clinton says the situation will get worse if russia doesn't stop aiding its military. >> we have confronted the russians about stopping think continued arms shipments to syria. we can concerned about the latest information we have that there are attack helicopters on the way from russia to syria. which will escalate the conflict quite dramatically. >> the u.n. peacekeeping chief says syria has spiraled into civil war. political buzz is your rapid fire look at the best political

topics of the day. three questions, smart answers. playing with us today, cnn contributor and former democratic strategist maria cardona and kaitlyn dawson, and former state gop party chair. welcome to both of you. >> thanks, carol. good morning. >> hi, cayton. >> glad to be here. thank you. >> i didn't want to leave you out. first question -- president obama enjoyed a local tv anchor extravaganza. >> good news is, that we're starting to see progress. >> well, the good news is, in rural america, we're starting to see terrific progress on a number of fronts. >> the president welcoming local reporters to the white house from across the country. effective? some say, not so much. "the washington post" national political correspondent asks, is it time for the democrats to panic? and she quotes one longtime operative who said, there is no new thinking in obama's circle. now, both of you are political strategists. so what kind of new thinking

does obama need? maria? >> well, i don't think necessarily there needs to be new thinking as much as a continued emphasis on two things. the first is while the president should tout what he has done and the good news in the economy, he needs to underscore, which he does, that a lot more needs to be done and that middle-class families and workers are suffering more than most. he already has an advantage on this. most voters in every single poll basically say he is the one that understands what's they are going through more so than mitt romney. he also needs to make this election about choice between his continued vision, protection of middle-class families and workers and mitt romney who would essentially put us back in the dark days of the recession that led to do where we are now. that's what he needs to continue to underscore. >> cayton? >> the good news for republicans, the president is talking about this in ohio, north carolina, virginia, florida. places that have felt tremendous

lack of leadership and economic heat personally. so certainly he's trying to walk back some of the statements and make the corrections. he's a very talented politician. i think that he -- maria's team made a miscalculation on how much economic heat is out there. certainly they're going to attack governor romney time and time and time again and seen this in the playbook in the jimmy carter race in the 1980s versus ronald reagan. it's not something we're unused to. again, we have a very talented president with a likability number but has a bad number when it comes to people out of work and facing economic disaster, and is now on his watch. they're going to try to blame it on george bush and the angry republicans in the house, but they control the senate. they have a couple problems. >> okay. on to question two. shellie zimmerman. george zimmerman's wife, now charged with lying to a judge in her husband's second-degree murder case. since the zimmerman/trayvon martin case is so politically

charged, like everything else in this country is, a question. will support fade for zimmerman and for florida's stand your ground law? cayton? >> i think this is a tragic, tragic thing for both families. i think you've also got what you mentioned is the political aspects that have come into this. we haven't heard, hasn't been to trial yet. certainly the nra and the gun ownershipy issues. the left anti-gun. that's all playing into it, and you know, when you lie to a judge, that's going to change the whole attitude of what's going on, the last i checked that's called perjury. i think they're going to lose sympathy there for not telling the complete truth, but it is an absolute tragedy, and the politics are going to continue to run from both sides on this issue. >> maria? >> i do think there's certainly going to be a loss of support for zimmerman's case. that always happens when you lose your credibility and frankly, that was the only thing, if he had any, that he had going into this.

the fact he is now lied to the judge and his wife lied to the judge is going to really, i think, be a step back for him in terms of credibility. on stand your ground, when you have governor jeb bush, the one who signed it into law in florida basically say that this case is not a stand your ground ground, when he has basically said, stand your ground is stand your ground. it doesn't mean turn around and chase the person who has turned their back on you. that, to me, i think says a lot in terms of what stand your ground, what it means, what it is and what testimony should be in this case. i think in both case s it is going to lose credibility for zimmerman as well as the folks hook think this is a stand your ground case. >> buzzer-beater. 20 seconds each. senator harry reid is getting back into the ring. supporting a probe into the recent boxing match featuring manny pacquiao, where a split decision sparked heavy criticism. as you know, he's a former boxer and fight judge. as for his connection to

pacquiao. remember this? yes. that's pacquiao campaigning for harry reid. reid says the controversy, though, reinforces the need for a national boxing bill that he's been pushing for years with republican senator john mccain. so, is boxing washington's best hope for bipartisanship? cayton? >> yeah. well, one more time, washington with all due respect to senator mccain and not a lot for harry reid from my side, washington one more time is stepping into the arena that nevada has a board of athletic commissions and arizona where it doesn't really have any business in this fight. i'll watch part of that fight. is at question. i understand that, but why our politicians continue to think washington needs to dictate what goes on in the boxing rink is bekbrond me. >> maria? >> i think there are two great ironies. boxing has become so dysfunction that the most dysfunction body in terms of voters' minds han to now come in and fix it, which is

congress, and the second thing is they're talking about a bill about a sport that politicians frankly figuratively do to each other every day what boxers literally doll to each other in the ring. so i think those are two great ironies about what we're talking about today. >> i have to agree with that somehow. cayton and maria, thanks for playing. appreciate it. >> thanks. dotcomes. yes, back to dotcomesdotcomes. revealing a list of possibly new web domains. we'll continue to tell what you that means for you.

moveover.com and dot org. the internet is changing. organizing the web revealed nearly 2,000 applications for possible new web domains. we could soon see domain names lie dotbaby, dotpizza and more.

john abel is back. live via skype. welcome. >> good to be back. >> great to have you back. so why is this? what benefits? >> a huge benefit for companies which want to project their brand in a better way. we're almost pretty much out of dotcom names that are user friendly, that people can remember. so if you're nikon, coke, pepsi, safeway, walmart, you can now have a piece of the internet, a piece of the web with your name on it and put anything you want to the left of those dots. >> what about your average, ordinary -- this is an expensive prospect, right? it's not cheap to do this. could an average person join in? >> no. it's not for the average person. this not godaddy, putting down $10 and buying your name. it's $185,000 to apply.

$25,000 to maintain it and you have to maintain this domain name. you have to operate the computers and all that stuff. it's a pretty big deal. it raises a lot of money for the organization which manages this, which some critics say was the whole point. but it is an opportunity for brands, as i say, and also for the companies like facebook and google and twitter, which wants to be your proxy to the internet. we're going to see if from those people, naming exercises. what's in it for me, you google want to make me johnabel.facebook. or dotgoogle. >> thanks. jamie dime sn testifying in washington about his bank's multibillion dollar trading

loss. head to it new york stock exchange amend check in with alison kosik monitoring the hearing. what's happening? >> with each word the stock go higher. shares of jpmorgan chase up almost 3%. this tacks on to the 3% jpmorgan shares had yesterday. if you look overall, the shares for the company are down 20% since this big trading loss was announced. as for the market overall, small gains now. we found out retail sales for may fell for the second straight month. people aren't only spending less on gas but spending less on overall purchases. carol? >> thanks, alison. a quick break and be right i told you it was perfect for you guys. literally across the street from her sister. [ banker ] but someone else bought it before they could get their offer together. we really missed a great opportunity -- dodged a bullet there. [ banker ] so we talked to them about the wells fargo priority buyer preapproval. it lets people know that you are a serious buyer because you've been credit-approved. we got everything in order so that we can move on the next place we found.

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starts returning back towards the car. she was taken to the hospital. she's okay. no life-threatening injury, but how cold was that? we wanted to know more about this. on the phone, jonathan stewart. he's with the lubbock, texas police department. welcome, sergeant stewart. >> thank you. >> can you set the scene for us? how did this start? >> what happened is about 11:45 on saturday night, these occupants of the vehicle approached three folks in a parking lot, pointed a rifle at them and stole some purses from them and fled the scene. an officer attempting to locate the vehicle actually did find the vehicle and that's when the pursuit began. >> the officer is chasing this car, and did he realize what was thrown from the vehicle? >> at the time that the child came out, yeah, it's pretty obvious it was a child. of course, up until that point we didn't know there was a child of that age in the vehicle. >> who's running out into the

street and picking up the little girl? >> that was one of the occupants of the vehicle, and she's actually the mother of the child. that's a 16-year-old girl. >> so was she in the car, too? >> yes. she was. the occupants of the vehicle were a 17-year-old, two 16-year-olds and a 14-year-old and then, of course, the 18-month-old child. >> okay. so were they -- were they victims of this robbery? or were these people the alleged robbers in the car? >> they were not victims. they were involved in the robbery, and two of them did flee the scene. they fled on foot. eventually all four were taken into custody, though. >> can you believe this kid's okay? >> very surprising. i think anybody who looks at that video would be shocked to see the kid actually stand up and be walking around, and be seemingly okay, and it's pretty miraculously minor injuries that the child sustained.

>> these teens, what are they charged with? >> they're all charged with aggravate the robbery, injury to a child. unauthorized use of a vehicle, because the vehicle they were in was actually stolen. evading arrest and organized crime. all of these offenses are felonies. and in a stolen vehicle. >> sergeant stewart, thanks so much for being with us this morning, and we're certainly glad that little girl's okay. wow. the pint-sized players of football, all the details ahead in today's "daily dose." there are a lot of warning lights and sounds vying for your attention. so we invented a warning.. you can feel. introducing the all new cadillac xts, available with the patented safety alert seat.

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drilling to no more than 40 minutes in practice and banning head-on hits. changes because of a virginia tech study finding youth football players can hit just as hard as older and larger players. we asked you to talk back on what of the top stories of the day. the "talk back" question for you, why have dads been downgraded? your responses, next. [ male announcer ] this was how my day began. a little bird told me about a band... ♪ an old man shared some fish stories... ♪

oooh, my turn. ♪ she was in paris, but we talked for hours... everyone else buzzed about the band. there's a wireless mind inside all of us. so, where to next? ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen,

naproxen, and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pressure or when nsaids are taken for long periods. nsaids, including celebrex, increase the chance of serious skin or allergic reactions or stomach and intestine problems, such as bleeding and ulcers, which can occur without warning and may cause death. patients also taking aspirin and the elderly are at increased risk for stomach bleeding and ulcers. do not take celebrex if you've had an asthma attack, hives, or other allergies to aspirin, nsaids or sulfonamides. get help right away if you have swelling of the face or throat, or trouble breathing. tell your doctor your medical history and find an arthritis treatment for you. visit celebrex.com and ask your doctor about celebrex. for a body in motion. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered,

supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ we askaled you to "talk back" on one of the stories of the day. the question, why have dads been downgraded? heather, it's very sad. my dad did everything we could for me every day. nice to see more portrayals of dads as incredible as mine. also, raising my daughter since she was 1. i feel we don't get enough credit. how about for the single dads in these times? who says we've been downgraded. and if you don't like what's on

television, don't watch. anything with poor ratings goes away. it's a consumer-driven industry. keep the comments coming. that does it for me today. thank you for joining us. "cnn newsroom" continues after a short break.