and three men who killed two men at auburn university could appear in court today. desmonte leonard turned himself in yesterday. two of the young men who die were former auburn football players. many people at the party called the shootings a massacre for no reason at all. jamie dimon is testifying before capitol hill to explain why his company lost billions in trade. but his hearing was interrupted by hecklers speaking out. police removed the protesters and the hearing continued. dimon is testifying before the senate banking committee. live pictures now. he told the lawmakers he cannot defend the trade that led to the losses he said when he called it the tempest in the teapot back april, he was dead wrong.

a former aide of gabrielle giffords now has her old job. arizona democrat ron barber, won a special election yesterday to finish out giffords' term in congress, and giffords stepped down in january one year after being shot in the head at an event in tucson. a conflict in syria is now a full scale civil war. that is not our word. our words rather. it is from the chief of peacekeeping operations at the unit united nations. it is the first time a senior u.n. official used the term civil war to describe the 15 months of shelling, street fighting and the deaths of more than 12,000 syrian people. a few minutes ago i talked to rima maktabi and i asked her if it matters what the conflict is called. >> really, it does not matter. today only, and today, the day is not over in syria yet, and 50 people have been killed. children are being tortured. citizens and civilians are being

besieged by the syrian army, and they are being tortured at some point. one village was besieged for ten days and today the army entered the village, and so really, the label does not matter much. >> why now? why now would the u.n. use the word civil war the describe the conflict there in syria? >> because the past two months have been really, really bad. on a daily bays is we get death tolls of about 90 people killed, and people and dead people have become like numbers and after the hala massacre the conflict on the ground in syria is taking a sectarian side. it is a country that where a sunni majority lives, and it is ruled by a allawite minority. that is the conflict.

>> and does this create a new path for nato or the u.n. in which to intervene? >> well, so far without russia and china on board, it seems that the international community is not able to do much. the u.n. observers that are now on the ground in syria, their mission is to oversee a cease-fire which never happened, not one single day in syria over the past months that we didn't hear of at least 10, 20, 30 people killed. so, definitely a new decision, a new resolution is needed to stop violence. >> that is cnn's rima maktabi in abu dhabi today. more gripping testimony in jerry sandusky's child molestation trial. an alleged victim took the stand today and said that the former penn state coach sexually abused him and then threatened him. watching it all from inside of the courtroom cnn's susan candiotti, and susan, what exactly is the new witness saying to sandusky or say about

what sandusky did to him? >> you know, fred, this is alleged victim number ten, and he is one of the final two that the prosecutors learned about. he called the abuse hotline and abuse hotline after the initial eight allegations about the victims coming forward. he is 25 years old and testified that he was 10 or 11er yoors old when this occurred. he talked about jerry sandusky allegedly sexually assault iing him in the basement, and that he did this about five times, but when it first happened, he told jurors that he was totally freaked out and was never so scared in his entire life. he said after it happened the first time that he told jurors that jerry sandusky told him that if he told anyone he would never see his family again. so that's the threat. after that happened, he testified that jerry sandusky said he really didn't mean that, and that he was sorry, and that he loved him. but this alleged victim told

jurors that after that, he went to the foster mother and said, i never want to see this man again. fred. >> and what was the reaction of jerry sandusky during the testimony today? >> you know, it has been pretty much the same as it has been throughout since everything started. he listenbes intently to each and every witness, and even these young boys who are making the terrible allegations against him that are horrific and painful to listen to. but his expression has not changed. he looks at the witness, and listens to the allegations, and he moves on to the next one. and the . >> and the reaction of the jurors or others in the courtroom? >> well, they are listening very intently to this. certainly, we have seen it time and again that no one seems to be dosing off or be idle. they are hearing each and every word, and in fact, yesterday during that very painful testimony where the alleged victim was crying, certainly,

the jurors appear to be touched as well by that. >> and anyone else taken the stand after that victim number ten? >> yes. we also had testimony from alleged victim number seven. he testified that jerry sandusky allegedly touched his private areas, and he also remembered this as an example. he testified that jerry sandusky would crawl into bed with him, and would bear hug him, and he said to this day, he can't stand sort of cuddling him from back to front and he said that i e can't stand to feel chest hair to this case, and in the cross-examination it appeared to be the first time that the defense made some inroads and their point being that they are trying to indicate that these young men cannot be believed that they are making up the stories, because he got this witness to acknowledge that his story to authorities, his testimony has evolved over time. after he said he had counseling

and opened up more. so it has been an interesting morning, and we are really speeding through the trial much faster than a lot of people thought we would. >> susan candiotti, thank you so much. a former linebacker at penn state is publicly apologizing to one of jerry sandusky's alleged victims. lavar arrington knew one of the boys when it was going on, and he apologized for initially defending jerry sandusky, and arrington writing in part, i hate everything that has happened and now i must admit that i hate worse what was allegedly happening so close to me, and that i was unaware. end quote. here is what we are working on this hour. a language war heating up in north carolina where one school is being accused of discriminating against spanish speakers. then he's the country super star with a big heart, and plan to help returning vets.

and new rules on the football field for young a athletes, but will it be enough to keep your kid safe? [ mechanical humming ] [ male announcer ] we began with the rx.

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all right. when your company loses billions of dollars on risky trades, you have explaining to do. today, jamie dimon tryied to do some explaining before the lawmakers on capitol hillk and he told lawmakers he could not defend what happened. >> i think that original intent was good and what it morphed in into, i will not try to defend. >> so? >> under any name, whatever you call it, i will not defend it. it violated common sense in my opinion. i do believe that the people doing it thought that they were maintaining a shore against high yield credit to benefit the company in a crisis, and i think and we now know they were wrong. >> dimon was considered one of the most credible voices on wall street following the collapse. alison kosik looks at how that changed. >> reporter: at the height of the financial crisis while his colleagues were under fire j.p. chase ceo jamie dimon drew

praise for pull iing his compan through the storm. >> at the request of the u.s. government we worked reg ularly to prevent a collapse of bear stearns, and in 2008, we are the only bank prepared to acquire the sas sets of washington mutual and taking together, these two actions prevented further market instability. >> reporter: jpmorgan became one of the biggest banks in the world, and dimon became the most credible voice in a battered industry. at the same time dimon led the fight against new reforms in congress, including the volcker rule which forbid banks from engage i engaging in risky trading with their own money. jpmorgan had been using that tactic known as proprietary trading with great success at the chief investment office in london, and the unit quadrupledle the profits from 2007 to 2011, but it ran into trouble earlier in the year when a complex tangle of risky trades came undone. dimon announced losses of $2 billion and probably much more.

>> the new strategy was flawed, complex, fully reviewed, and poorly executed an poorly monitored. >> reporter: jpmorgan has lost almost $30 billion in market shares since then. the chief investment officer announced her retirement, and dimon's rereputation was tarnished. additionally the timing of the lawsuit is coinciding with the latest round of turmoil in europe and brought back bad memories and a warning that not a lot has changed since 2008. >> our system is much stronger than it was before the crisis, but still, this points out how important it is that these reforms are strong enough and effective enough, a nd they can meet the key test. >> reporter: it called into question the cozy relationship of the bankers and the federal reserve. dimon had served on the board of the new york fed since 2007. >> here you have the fed which is supposed to regulate wall street, and then you is the ceo of the largest wall street

company on the board which is supposed to be regulating. this is the fox guard iing the henhouse. >> allison joison, do you expeco come out of the hearing in the form of more wall street reform? >> well, that is a question, and one thing that jamie dimon said when he was testifying before the senate banking committee, he wants stronger regulations of what is in place now and does not want more regulations passed on to it. and now with what has happened with jpmorgan and the $2 billion loss at the very least is that it has created a new focus on the volcker rule to prevent banks from trading on their own accounts which is part of the dodd/frank act that was passed. a final rule is expected to come out soon, and so that the big question with it, fredricka, is

how tough will the law be? the law was written for acceptance of the banks to trade h with their own money if the goal was to hedge against the risks, but critics say that what happened at jpmorgan shows that stricter rules are needed. >> and alison, if i am not a shareholder, do i care about the losses? >> yes, you do, because if more regulations are piled on because of the trading losses that could affect how a bank does business in the long run. tougher regulations means that the banks will have less of a chance to make more money unless maybe they have less of an opportunity to be more resonant to give out more loans and you know how things work on capitol hill, because it takes forever to get anything passed. >> thank you, alison kosik. the perception of women trying to put other women down

in the workplace is not true. the report by catalyst says that 65% of women compared to only 56% of men are likely to develop talent and help folks move up the corporate ladder, and that 73% of women help develop other women compared to only 30% of men helping women. the report says that there is still a gender gap when it comes to the pay and promotions. it is a battle over language in north carolina. so how far should a school have to go to accommodate parents who don't speak english? was teachins class and it hit me. we get to the emergency room... and then...and then they just wheeled him away. i had to come to that realization that "wow, i am having a heart attack." i can't punch this away. i'm on a bayer aspirin regimen. [ male announcer ] aspirin is not appropriate for everyone. so be sure to talk to you doctor before you begin an aspirin regimen. i'm a fighter and nowadays i don't have that fear. [ male announcer ] learn how to protect your heart at i am proheart on facebook.

all right. a dispute between a north carolina school and three hispanic families has outraged a civil rights group. they are filing a complaint saying that the school did not notify the parents in spanish about what was going on. and let's bring in rafael romo, and what are the allegations in the complaint here? >> well, first of all nobody is disputing the fact that -- we are talking about wake county school district -- distributes information in brochures and other information about when students need to register and

all that, which they do, but this is specifically about three students who were being suspended, and what the complaint alleges is that the district didn't do anything to provide the parents with the individualized information and we are talking about three s suspensions. these two groups say that the parents should have been able to understand exactly what was happening to their kids, and also be able to know what their alternatives were and that didn't happen. that is what they allege. >> what is the school district saying about the obligation to communicate with all parents? >> i had a conversation with somebody at the school district who said they are doing everything to communicate better with all of the kids and not just the kids who speak spanish only, but other languages in that part of north carolina. we have a statement from the wake county public school system. they say that they are committed to providing support for all parents with limited english proficiency regardless of the

primary english, and the staff from the central school level are actively reviewing the practices to make sure that we are meeting the family's needs at every opportunity. what they tell me is that they had been meeting with these parties starting in may, and it came as a surprise to them that they went ahead and filed this complaint with the department of justice. >> why were the kids suspended? >> the kids were suspended, because they were not compliant with some of the school policies. two of the kids were disabled, and the other was not, but that didn't have anything to do with this case. and we also have position of one of the groups, one of the organizations that file d this complaint. and let's take a listen. >> we are hoping that what will come out of this is the systemic change, policy change in the school system that will impact people far beyond the three people that we're representing. >> and fred, again, it is not what they say, but it is not only about these three kids, but what happens if your child is

suspended from school, and you don't understand 100% why he was s suspended and what alternatives you have, and then you are left in the dark. that is the allegation. >> and it is a pretty significant spanish-speaking population in this county? >> in that particular school district 15% of the students are latino and about half of them have parents who speak primarily spanish, and have very limited english proficiency, so that is at the very heart of this question. >> and all right. thank you, rafael romo, we appreciate it. and he is not just a country music super star, but also a philanthropist and i will talk to tim mcgraw about what he is doing to help military veterans. >> of course, you can continue to watch cnn live on your computer while at work. go to cnn.com/tv. so now i can take the lead on a science adventure.

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today killing 58 people. most of the victims were pilgrims traveling from all across the country to a religious shrine in baghdad. the worst incident was a car bomb in hila that killed 20 people. colorado's wildfire is so big that it has grown the more than 46,000 acres and over 1,000 firefighters are trying to fight the fire. one woman was found among the ashes in her cabin home. >> you think that if a fire happens, you will have time to grab things to protect what is yours and you don't. you just don't. it came so fast. it was too late. >> officials are letting some people back to their homes, and the fire was 10% contained, but officials said a i little while ago that they are optimistic. >> the wife of george zimmerman is out of jail. shelly zimmerman is accused off

lying about her husband's finances, and that came after her husband turned himself in ten days ago. and one of kcountry's brightest star is is helping families of veterans to have homes where they might not have been able to afford one. he is performing in philadelphia where he will give away yet another home. i talked to tim about his mission. >> reporter: under the signature black hat, he is one of country music's biggest stars. with more than 37 million albums sold and more than 30 number one singles, a hugely popular leading man on stage, and on the big screen. >> i have seen that look many times. she is about to get her way. >> reporter: and he is half of one of country music's most glamorous couples. all that spanning a 23-year

career and yet when i caught up with tim mcgraw in tampa, he said that a sense of purpose is now really coming together. >> i really feel like i'm just getting started. i feel like i'm sort of learning what i am doing now. >> reporter: and learning more about the concerns of so many in the audience, including military vets. this month's kickoff of the brothers of the sons tour with good friend kenny chesney is unlike any other stadium appearance. >> it is a pretty cool deal. >> reporter: in each of the 25 cities they are performing chase bank along with three nonprofit military support organizations are giving away bank-owned homes to military familfamilies. why is this important to you to help kick off the tour in 25 cities where mortgage-free homes would go to vets. >> for a soldier to have that and come back being wounded and giving everything he had for us to be able to live in our home, and get into our car and drive

around and go to our job and to have that sort of sense of freedom and security for the family, i can't think of anything better for a wounded soldier to have. >> reporter: wounded vets like dominic. >> it is something that i wanted to do my whole life, ever since i was a little kid. every halloween i dressed up like a marine. >> reporter: seven years ago he was on personal security patrol when his humvee hit an improvised explosive device. >> flipped it up in the air and what happened is that the engine block came through the passenger compartment with my leg, and i could not get out. >> reporter: the left side of the face had to be rebuilt with titanium plates, and other injuries surfaced. now living off of retirement and disable, it has been hard for the couple and the four children. >> we were in an unsure phase of the life trying to figure out exactly what the next move would be. >> reporter: six months ago

christina delucia joined a web page. >> it said that operation homefront's wounded war plan will give away homes to wounded veterans. >> reporter: what did you think? >> i thought it was too good to be true. >> and then what happened? >> they said you will go getting a home. >> what happened? >> she was in tears. >> reporter: they will move into the four-bedroom home later this month, but first they need to get over the shock of being selected and meeting the star who made it happen. >> it is one of those things, the american dream, and who deserves the american dream more than those guys? i can't imagine anybody who does. i am proud to be a part of it. i hope we can do more of it. >> reporter: apparently starting out with 25, the goal is maybe 1,000 homes? >> yes, that is what is the talk

we are hearing. we are excited about it. i hope we can continue to work together. >> are you worried a thay aied d is greater than supply? >> look. there is a greater need than the supply no matter what you do in life. but if you help one person, then you help one person, and the ultimate goal is to help somebody as much as you can. >> reporter: and that is what tim mcgraw is doing, one concert, one home at a time. if you are a veteran, you can p apply to get a free home as well. visit any one of the three web sites and fill out the details. all right. the president of israel is at the white house today, and he is expected to push for the release of a man who has spent the last 25 years in prison for spying on the united states. i remember the days before copd.

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a special guest at the white house this afternoon two-time prime minister of israel, and

sitting with president obama is shimon peres. he will sit down with the president and then receive the highest civilian honor. when they meet today, what are they likely to discuss today? >> well, fred, a lot is on the table. as you know, a lot of difference, but a lot of collaboration with the events in syria, and the events in middle east peace are syria and iran, and we know that shimon peres said he would like to see the u.s. increase sanctions on iran to stop them from the nuclear pursuit, and we know that he would like to see increased sanctions. on the side of syria, mr. peres appeared with hillary clinton at

the brookings institution here in washington, and they talked about syria and the concerns in the region about what happens in syria. secretary of state clinton said that what happens in syria with the assad regime greyly affect the u.s., but it drastically affects israel. those are two of the many issues likely to come up in the meeting in a few hours. >> and the other, the case of the convicted spy jonathan pollard? >> well, we expect president peres to bring it up to ask the president to consider clemency who is a man who was in the u.s. navy back in the '80s and convicted of giving classified information over to the israelis and convicted with a life sentence, and we expect president peres to ask president obama for clemency, and there is support from some members of capitol hill and members of congress who says that this

sentence should be commuted to time served, because of the health issues that pollard is experiencing, and i asked white house secretary jay carney about this. >> our position has not changed and will not change today. i would simply remind you that mr. pollard was convicted of extremely serious crimes. >> there you heard jay carney say that. we don't know if we should read too much into the word today, but we will have to wait to see what comes out of the meeting, fredricka. >> what more can you tell me about the honor that will be given to shimon peres later on? >> the metal of freedom is the highest civilian a ward that america gives and it goes to people who, es pepecially meritorious contributions to the national interests is or security, and back in may, you remember that the president had this big ceremony awarding of the metals to other people john glenn and bob dylan and he said

he has done more about the cause of peace in the middle east than anyone else, but peres was not the there. he is going to have a separate dinner to night, and separately h honored, and we should hear more about what peres has done over the years, and also more about the close relationship between the u.s. and israel. this is all kind of highlighted not just by the meeting tonight but by the night's events. >> athena jones at the white house. thank you so much. >> thanks. the average american family lost 40% of their net worth to the recession, and for a lot of the minorities the fall was steeper. we will look behind the numbers. . sure seems and why that way. wouldn't you? you can save on both your home and auto policies. yep. we talked about this. [meow!] [meow!]

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we told you about the toll that the e kconomy has taken on the net worth of families, and the typical american family lost 40% of its wealth in three years. that amounts to 18 years of family savings and investment. for minority families the impact is even greater. joining us to talk about that is algernon from the american family institute. families have been hit hard, but hispanic and african-american families have been hit the hardest. >> well, that is because for african-americans the decline in homeownership, and homeownership is the key source of wealth for average americans, and the decline in homeownership began in 2004, so since 2004 to 2011,

we have seen the rate of the decline in homeownership being half the rate of whites. so there is a dramatic loss of wealth for african-americans from 2004 to 2010, the most recent data. >> what is behind the decline in homeownership in that time span specifically? >> well, in that time span, and we saw the sub prime crisis, and we know that the african-americans controlling for the credit score and incomes were much more likely to be given a subprime loan and high intere interest-rate loan, and the high interest rate loan makes it much more difficult for you to stay in the loan and to keep your home. so, that has led to foreclosure rates for aftrican americans being twice the ratef of other americans.

>> is this creating a widening wealth gap in the united states? >> yes, we are seeing a widening wealth gap and homeownership gap. the projections are that when the foreclosure crisis ends the black homeownership rate will be 40% which is 10 percentage points down from the peak in 2004. that means that we will have lost more than a decade of homeownership growth, and it is being erased right now. >> i want to look at the screen one more time, because based on the 2010 numbers, the contrast is extraordinary among white families and the family net worth is $130,600 compared to blacks, african-american net worth at $15,500 and at the root there you are saying property ownership in large part? >> yes, for the average american the home is the major source of wealth. that is net worth and looking at the assets, the home, the savings, the car and minus the

debt, of the mortgage and the credit card debt and the car note, et cetera. >> okay. now, what do you see in your crystal ball in terms off how things can be turned around? >> well, we need to do -- homeownership, and it is important to understand that homeownership is an essential part of the american dream for most americans, so this is a real national crisis and we need to do whatever we can to preserve the american dream. that is what we are talking about. we need to make sure that people can get into the lower interest rate loans to the extent possible, and we know that there are a lot of basically fraud putting people in high risk loans, and to the extent possible, we need to reduce the principal. many americans of all races are under water. their home, you know, they owe more than their home is worth. so to the extent that we can reduce that, that would be very helpful. >> if you have a home, you have to work hard to figure out ways

in which to keep it or hoping for more programs and more avenues in which to become o owners of homes. algernon austin, appreciate it. new rule to protect kids on the football field, but enough to protect your kids from head injuries? c'mon dad!

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of a review. and the oldest football league in the you'll football league in the u.s. is now changing its rules to reduce devastating head injuries. we're talking about the pop warner league. more than a quarter of a million kids play in that league nationwide. what are the changes? >> ages five to 15. some really little ones there. five. i don't know. i don't have sons, but it's a shock that kids play that young. they're looking at what's happening in college football and profootball with the concussions and lawsuits. they have been looking at studies. they want to make it that during practices, this is not about play. it's about practices. you can only spend 40 minutes max tackling drills. also no head on tackling drills from more than three yards away. you build up momentum and the crash is even stronger. >> okay.

it's likely to happen those kinds of collisions while in game, but you cut down on those collisions in practice, then you are prolonging the health of these young athletes? >> hopefully. >> then; what's with the helmets? >> this is part of the reason why or the big reason why they made the changes was a because of a virginia tech study. it put sensors inside the helmet. if you look inside the helmet, these pads here, these white pads had sensors in them. they put them on the heads of seven and 8-year-old boys. they could see how many collisions they were having. about 107 collisions on a 7-year-old. too much. some of them were enough to actually give them a con suggestion. >> you're kidding? >> that's pretty heavy duty. >> that study with the help of sensors, they made that discovery and that's what has precipitated some of the changes where it comes down to practice.

what about other changes or are they going to use the information to say we have to have more, better, reenforced helmets or gear. >> even if you have the best helmet on, you'll have brain rattling. >> there's going to be three impacts your honor brain. >> you have a head on tackle. that brain is going back and forth and hitting against the skull. you can have a great helmet on, and that's going to happen. imagine that happening week after week, year after year. some of the these, the concerns is long term. it's not just any one collision like in the movies when they fall to the ground. that's part of oit but it's also the long term of having this having constantly. >> this incredibly. if you're starting as young as seven and going into your college years and professional years, there's almost an entire

lifetime of head rattling. that's severe. thanks so much for bringing that us. you want to talk about some tough times. try packing family of five into a single room. for three hours a week, i'm a coach. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many tough decisions i felt lost. unitedhealthcare offered us a specially trained rn who helped us weigh and understand all our options. for me cancer was as scary as a fastball is to some of these kids.

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five family members live together in a single room, mom, dad and three kids. here is cnn poppy harlow. >> reporter: one room is now home to family of five. >> the girls sleep on the bottom. our oldest sleeps on the top. >> reporter: mom and dad manage to sleep together on the couch. >> most of the time, i lay on top of him. the littlest one is here. >> reporter: if you think you know what long term unemployment can look like, think again. >> you can't understand something until you go through it. >> reporter: they brought in

more than $100,000 just two years ago. by all measures middle class until they were both laid off. frightening new numbers show 50% of the unemployed in new jersey have been out of work for more than six month, and it's a similar story elsewhere. >> i was a lead technician for comca comcast. >> you had it made? >> yeah. >> i was customer service rep. >> what's the hardest element of this situation that you think people might not know? >> it's definitely not financial. it's emotional. if you're not strong people, it can break you. >> reporter: the unemployment checks have run out and they have exhausted their savings. >> every benefits we get from the state is assistance with the food. >> reporter: human services of morris county new jersey where they live has seen the food stamp case load surge 140% since 2007.

>> seeing dualy unemployed families is new for us. >> the bottom is falling out from the middle class? >> i believe so. >> have you seen something like this before? >> not like this, no. >> reporter: brings in over $91,000 a year, but when you can't find a job here, you can't get by. >> sent out a lot of resumes and pray to god someone gets back to you. >> reporter: 500 resumes later no one has offered her a job. >> how long do you think you can go on like this? >> honestly, not very much longer. >> what's up with you? >> reporter: afternoons are spent at grandmas with their three kids, then it's back to laura sullivan's house where they are living rent free. she took them in after knowing them less than a year. >> people ask why would you take someone in and you have no privacy? i'm like, honestly, you want to

compare my privacy to a family not having a home. is there any comparison? >> what does that say? >> reporter: it's far from ideal, but when you get out of work this long, there's no room for ideal. that was six months ago. i did speak with the father last week on the phone, but the family was not able to do a follow up interview with us. he told me he and his wife have not been able to find a job. the friend they were living with moved so the family is living with adam's grandmother. i asked them if they thought president obama or mitt romney could do something to change their situation. adam told me he's not supporting either candidate because he doesn't think either can get people back to work as quickly as they say that can. adam refuses to vote saying he doesn't believe that politicians care about people like him and his family. just a little perspective as we hear so much about jobs on the campaign trail.

i'm brooke baldwin. secretary of state hillary clinton said the u.s. is not providing military support for the rebels. here is what we are hearing today. the u.s. is indirectly providing support to militaries and listen to this, the training involves technology. one of the questions posed in this is what's more powerful in this violent chaos, is it the ak-47 or the video camera? that answer in a few minutes. most of us have some kind of money tied up in wall street. when wall street takes a hit, we take a hit. that's why jamie dimon has our attention today. he went to the hill to explain why his bank, jpmorgan chase lost $2 billion on what they

call risky trades. before he got to speak and answer questions at the hearing, he ran head on into this. >> these guys are not the job creators. they are the job destroyers. we need to bring the money back to the people. we need to start getting money to help people stay in their homes. this man is a crook. >> tough words for the man really quite widely considered one of wall streets most credible voices. how did the questions go today during the hearing? i want to play a little sound before we talk because when you listen to the line of questioning, the approach seemed really to fall along party lines. >> it appears from listening to you and your comments from watching what's happened and talking to the regulators and

seeing the occ response, it appears executive and regulators can't understand why is happening at once. >> this is south carolina republican jim demint. >> we can hardly sit in judgment of your losing $2 billion. we lose that every day here in washington. plan to continue to do that every day. it's kvrtsing to know that even with a $2 billion loss in a trade last year, your company is still, i think, had a $19 billion profit. >> the question is, it sort of transparent, who is democrat and republican when it comes to the questioning today. >> reporter: absolutely. you had both parties laying out pretty partisan lines of

questioning. he was quite close to the president. this really shows you less a split about how they regard wall street but more about how they regard regulation. you heard sherrod brown talking about breaking up the big banks. you heard jim demint invoking the republican line of too much government spending. more about going after those long held and long cherished officials. >> what's the take away? what did we get? >> reporter: there is a series of things that are being written. we all remember that banking reformed was passed. that's not exact lip how it w e.

what's going on right now is we take customer money, deposits like yours and mine are allowed to make big risky bets with it and whether the kind of bet that jpmorgan made would have been allowed under the new laws. they are still fine tuning the language. that's why this is so important right now because this law isn't done yet. >> the law isn't done yet. part of this discussion went to bigger picture of the economy. you had jamie dimon saying the economy is on a cliff. can you give a little context why is he talking about that and what really is the chance of that happening in an election year? >> reporter: went back to his former role of economic wise man. he's talking about this fiscal cliff where you have a bunch of tax cuts expiring and automatic

spending cuts that would be triggered. people are calling this the cliff. the white house knows it's got to deal with this. they are moving toward this. jamie dimon is not tonl corporate ceo that's been talking about this. both this and the longer term deficit. those are big things that wall street guys like to talk about a look, brooke. >> they even brought up student loans. a lot of people are worried about the interest rates. the deadline is july. ma thanks to you in washington. let's look at the big board. it's down just a bit, 18 points. this is happening as we are getting news that the retail sales are down for two months in a row. alison kosik, why? >> reporter: it shows the economic recovery that we're in the middle of really is cutting

into confidence because no one really knows which way it's going. we learned that consumers spent less money in may and they did the month before. you see the biggest decline at gas stations. gas prices fell 20 cents a gallon from april to may. that's because of worry offense a slow down in demand coming from china and europe. we spent less on other stuff. you can blame that on the weather. blame it on the warmer weather we had earlier this year becaus a lot of spending on that stuff came earlier this year. >> all right mrs. silver lining. give me a bright spot. >> reporter: one silver lining is that gas prices are lower. it puts more money in our pockets for other things the car sales are a bright spot. those came out pretty strong. other considered non-store retailers. avon and qvc had good sales.

compare this year to last year, it's up 5%. we are feeling better than last year. that's a positive sign. the problem is it's not full steam ahead just yet. >> alison kosik. we are just getting started. a lot more unfolding. watch this. as the u.s. and russia are now pointing fingers over syria, i'll speak live with one guy who says it may not be too farfetched to think the u.s. could kill assad. a lawyer is accused of trying to hire a hitman to kill his socialite wife. now a bombshell involving the man's mistress. president obama gets an ear if you fe full when it comes to the economy. you're way off message, but it's not mitt romney. it's from an allie. dot set, dot baby. why hundreds of new web domains

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yesterday when we talked to you about the killings and torture of children. killings and torture of children. we spent really five minutes with this united nations official who told me she's never witnessed organized violence against kids on this scale in her tenure there. this is part of her interview. >> thiss the one conflict that we're seeing the torture of children at a high scale. summary executions of children. this is really quite disturbing for us what is happening in syria. >> it's interesting to say this is the one conflict. is this the one conflict the

worse you've seen when it comes to kids? >> i've been here since 2006. i've taken this post in 2006. i must say i've not seen such large-scale violence against children such as in the torture of children and summary execution of children. i don't think i've seen it any, i've seen a lot of children killed in cross fire and children recruited as soldiers. i've taken testimony of children that were victims of sexual violence. summary execution of children under the age of ten, that i've n not seen. >> today we are getting word of 49 more deaths in the violence gripping syria. here is more video. this was shot today. it show a home on fire from the relentless government shelling. we also have this.

this is video shot behind rebel lines. they are firing automatic weapons. listen to this because here is what we are learning today. russian foreign minister turned the tables on washington. he accused ed the u.s. of armin syria's rebels. >> the united states is sending no military equipment to the syrian opposition. what we are doing is providing nonlethal support and one of the largest donors of humanitarian relief. >> essentially, the state department is saying you're wrong. we're not sending arms to syria. here is what we are military yan relief and gear. they are getting help with that from washington. i want to bring in my friend from time magazine. she's just done reporting

detailing all this help we're giving the syrian rebels. what did you find out? >>st the fascina it's fascinati. syria has control over their internet, how are the videos getting out? have they hired expert hackers. u.s. isn't the only country doing this. europe is doing this. there's a lot of ngos around and training them. they leave the country to do the training how to encrypt video and how to get the message out when they aren't supposed to be able to get the message out. >> you use this word, cyber warri warrior. define that. >> i've got my ak-47 in one hand and my camera is in other.

i'm wondering do i pick up my ak-47 and defend them or use my camera and film it. it comes the question of is the pen mightier than the sword. he told us that most of the time it's the camera work that is more powerful and does more good and changes things more than any amount of firing of the ak-47. >> you say ask whether ak-47 more powerful or the camera. he said my ak and then if there's an internet connection, my camera is more powerful. i want you to explain how exactly is the u.s. helping these men and perhaps women as well, going beyond the syrian firewalls and uploading the video? how are we helping? >> there's $72 million the state department has for what's called internet freedom grants. that's globally. it could be helping china, i ra

or egypt. a lot of this money has gone to syria in recent months. it trains them and also works on software. there's some really cool stuff out there. the government's can use the phones to track you. they can use the phones to bug you. if you get pulled over with your phone it's a built in treasure-trove of evidence against you. what they have done is created this technology where where the touch of a button you can wipe out your phone completely. it's a panic button. if you type in the wrong code, it gives you all these pictures.

>> here is my question because you write even as the regimes crushes the opposition on the ground, the dictator has been losing the war online. how do we know they are losing the war online? are what evidence did this guy share with you? >> i think we have evidence of that. look at the ongoing pr battle that's been running. 14, 15 months ago he was the darling of vogue magazine and being embraced by barbara walters. these days he's one of the most loathed men on the planet. there are no foreign journalists allowed in syria now. all that footage is coming from these disdents. they are the ones getting the word out and showing what's going on. it's powerful. it's freedom of the press.

>> it's frustrating. they don't want us there and telling the stories of slaughter. let me end with this because this can't all be easy. what's the biggest challenge as part of this program snl. >> the biggest challenge is when i was talking to people they were leery about it being kept secret where the trainings are being done kept secret. we had to change the names the because we don't want to put them at risk at back home. it's getting over the stigma and people saying because you're trained by the americans, you're an american pawn. this training just enables them to show what they want to show. we're not coming to them with any kind of agenda. they are saying here are the tools. you do whatever you want to do with it. >> the video camera mightier than the ak-47. it's fascinating piece.

thank you so much. >> thanks. ray liotta played in the fellas. live report on why this is happening and what this means for the future of the internet. [ woman ] for the london olympic games, our town had a "brilliant" idea. support team usa and show our olympic spirit right in our own backyard. so we combined our citi thankyou points to make it happen. tom chipped in 10,000 points. karen kicked in 20,000. and by pooling more thankyou points from folks all over town, we were able to watch team usa... [ cheering ] in true london fashion. [ male announcer ] now citi thankyou visa card holders can combine the thankyou points they've earned and get even greater rewards. ♪ and get even greater rewards. ♪ [ acou[ barks ]ar: slow ] ♪ [ upbeat ] [ barks ]

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mpbl more news unfolding. rapid fire, rolling. right now jury is deciding the fate of roger clemens. he's accused of lying to congress about using steroids. he's not charged with using the performance enhancing drugs. he's charged with perjury. we're monitoring that. to colorado. wildfire continues to rage across the northern part of this state. we've sped up part of this video. it's a time lapse. the flames sent to us via "i-report." the flame has burned more than

46,000 acres. hundreds of firefighters have arrived all around the country. more than 1,000 are fighting the fire. a terrorist group is taking credit for bombing a u.s. con sue late in libya last week. they said the fighters planted an explosive in the wall which then went off injuring one person. as far back as i can remember i always wanted to be a gangster. the man who inspired goodfella has died henry hill was a new york mafia associate from the '60s through the '80s. he lived for a time in the witness protection program.

the man hunt is over for the man wanted for the killing of three people including two former auburn football players. he turned himself in just last night at federal courthouse in montgomery. >> mr. leonard was charged with three counts of capital murder. two count offense assault. he will be processed into jail and held there for a while. >> he's accused of opening fire after a fight over a woman at a pool party. the current auburn player was among those wounded. a deadly day for shiites in iraq. many of them were headed to a shrine for saturday observance. two music greats are being honored on stands issues in the

u.s. miles davis in france where he performed frequently and piaf is one of few french singers to become famous in the u.s. here is something you don't see every day. a small plane just parked on the highway near ft. lauderdale, florida. just sitting there. be pilot says he had mechanical issues, so he had to think quickly. he was the only one on board the plane. the internet is headed toward this historic change. it's now expanding its naming system for web addresses. that means dot com getting a bunch of new neighbors. here is a little preview for us all. try dot pizza, dot dating, dot beer and even dot baby. more than 1900 proposals were submitted. you can see just about any name goes here.

isn't this make searching the internet more of a pain? >> it's strange. we're used to going something like google. the requested is the market is saturated. it's really hard to get a good domain name at this point. the idea is there will be innovation and give people a chance. it's also noents be a good margtimargt i marketing play for banks as well. they can tell their users if you're going to a site that's not hsbc, that's not a

legitimate site. there's security pressures there. you see verizon could have their store locations at la.verizon. >> why? is it for marketing person or are we really running out of website names? >> the idea really is there can be some more innovation throughout. there are critics that say this will be confusing. we have 1900 applications that were released today. brands think that consumers won't be confused and it will add a lot for them. >> what about this because this is what people are thinking. we look at these different names. you have dot porn, dot exposed, dot sex. that's opening the internet to more explicit content. >> right. i did speak with one applicant, who is the owner of dot triple x that is a domain that exists. we asked him why he applied to

dot porn. he said he wants to keep it specific to top level domains. you don't mistype something and stumble accidentally. if you're going to a site that's dot porn, you're probably sure of where you're going. >> people are creative and all for the wrong reasons sometimes. what if somebody comes up with a domain name like i hate so and so. there has to be a panel that goes through these line by line and if it's not appropriate, it doesn't make it. >> it's funny that you mention that. during a session with the internet naming group that's running this expansion, someone from the guardian newspaper in england did say what happens if someone bought dot stinks and registers a site that says the guardian dot stinks. the executives said there's a comment period for anyone to dispute some domains and say i

don't think that's appropriate. it's possible that even though we had 1900 application, it's possible some of them won't get there whether it's a complaint from the public or they don't think it's appropriate. coming up, president obama takes heat on his economic message, and it's from an ally. [ gnome ] enjoying your holiday?

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administration's corner. here is what carville said to abc. >> i'm worried that when the house or the campaign talks about the progress being made, people take that as a signal that things are fine. they want to be reassured that he understands the depth of the problem and has plan to deal with the deterioration of the middle class. >> in other words, it's the economy stupid. stay away from remarks like this. >> the private sector is doing fine. >> carville released a memo with two democratic pollsters with advice from the president. this is from the first page saying we will face an impossible head wind in november if with do not move to a new narrative but focuses on what we will do to make a better future for the middle class. that may be the last thing the white house wants to hear right now ahead of president obama's major speech on the economy tomorrow. then again, maybe he's not

worried. he told a crowd in philadelphia last night that he doesn't believe voters are following the ups and downs of the campaign. you can be sure that mitt romney's kamcamp will be listen. here is what romney said today. >> i think you will see him change course when he speaks tomorrow and where he will acknowledge that it isn't going to well and he'll be asking for four more years. instead of three years and he's out, he wants formore years. he will speak eloquently, but the words are cheap. >> well, we'll have to wait and see whether james carville's advice had any impact on president obama when he gives that speech tomorrow. an alleged victim testified that former penn state coach jerry sandusky abused and threatened him the the threat involved his family. we're live outside court. on once empty fields. everyday you see all the ways all of us at us bank

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and the other the victim. what happened after they kicked our cameras out is they ran through a demonstration of how this works. something called a phising attack. they two to your social network and find out who your boss is. they craft an e-mail to you. it looks like that person is. people are saying don't open attachments if they don't know what you are. they did. they tricked someone from dhs today. he opened the attachment and within seconds the person was able to download everything on his computer. they had comments in this one. imagine being able to go into someone's computer and change the speech minutes. they can turn on your web

computer and take a look at what you're doing at that moment and listen to your conversations. >> that's what scares me. i've heard that before. how many people have those laptops with the camera and you think should i be closing this since i'm at home. note to self, don't open attachments from a sender you don't know. what else can we do to product ourselves? >> there's a list of things we can be doing. make sure you know who it is. look at the e-mail address, not just the alias name. that's a trick they do to throw you off. think about your social network. how easy is it for them to find out who you boss is, your mother. get your security patches. it's probably a huge one. microsoft, a lot of these giants put out patches regularly. they have websites you can go to and google this information. make sure you have those patches

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i don't like to always use the work shocking. it almost has this numbing factor if you say it too much. stop and watch this. >> 3700 block. >> you saw the car flip. we're spotlighting this for you. this is a nighttime police chase. nothing unusual about that. you saw as the suv swerves and rolled. we have highlighted it for you so you can see the toddler on the ground. she was in that suv as it rolled, tossed out of the car and toddled around. she got up. ultimately begins to move. the child's 16-year-old mother runs out, grabs the baby. take a closer look. police say four teenagers were inside that suv, a stolen suv.

here it is stolen and there she is. she's fine. listen here as police they voice their surprise with this little girl being fine. >> i think anybody who looked at that video would be shocked to see the kid stand up and be walking around and be okay. >> the not great is that the teens were fleeing a robbery when this chase began. all four are under arrest, charged with several offenses including aggravated robbery and injury to a child. jasper, texas. a town known for the dragging death of a black man some 14 years ago. it's since named a black police chief. he's now been fire and people are questioning if race is behind it. we'll ask him why he thinks it happened.

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a troubling story for you today out of jasper, texas. that's about 130 miles northeast of houston. jasper's white majority voted just this past monday to remove the town's very first african-american police chief. why? that is a matter of much dispute. joining me is the fired police chief. he's joining me by his attorney. let's begin with you. what was the reason given to you for your removal? >> brooke, there was no reason given. >> no reason whatsoever? >> no, ma'am. i didn't get a reason. >> did you ask for a reason? >> i never had the chance to. >> can you explain that?

>> brooke. thank you for having us on. the chief was never given an explanation as to why he was fired. they basically called him up in front of a standing room only crowd, blacks on one side. whites on the other and proceeded to just pepper him with questions. talking about was he over budget a couple thousands dollars here. did he take an extra vacation day there? >> let me just jump in. if those were some of the questions peppered toward him, did you take too many vacation days? did you not show up at enough crime scenes as was alleged on monday? >> no, ma'am. i did not. >> let me tell our viewers. we reached out to the mayor in

jasper to try to understand their side of the story, and we have not yet heard back. we will keep trying. if the name of this town jasper, texas rings a bell, perhaps you remember, this was back in 1998 when this african-american man by the name of james bryd was dragged to death by a truck. three white men were convicted in the killing. two received the death penalty. one got life in prison. also, there are report has the town has worked hard since that horrendous incident to reach racial harmony. that started falli ining apart the last summer as you as police chief. tell me about that, the city council recalls. >> let me say this is a tremendous opportunity for the chief, his family and for people of jasper to get their story

out. we've had a very difficult time doing that. basically, the chief is the first black chief of police in the history of jasper, and for those people that live in the south, being able to have a person in the chief of police position or in the sheriff's office is symbolic. it's very important. when he was selected to be the chief of police, he was the most qualified candidate. he's got over 22 years with the department of public safety in texas. >> i know he worked fire and a state trooper. forgive me for interrupting. i want to hear from mr. pearson. you're giving me sort of tersed answers when perhaps why you were fired. are you angry? are you frustrated? what more can you tell me here? >> i am frustrated. i'm hurt. i'm very, very disappointed.

>> final thought. >> brooke. this kind of racism is allowed to persist because no one will shed a light on it. that's why this story deserves national attention. two weeks ago marked the 14-year anniversary of when james byrd, jr. was dragged to death. race problems still exist in jasper and the national community needs to call for action. >> i understand, sir. we appreciate you both coming on. i just have to reiterate, we have yet to hear the other side of the story. i would love to have you on the show as well, mayor of jasper, texas. thank you. >> thank you. top of the hour here. welcome back. $2 billion gone. poof. now as heet