yesterday glynn daveys told reporters it would be a serious miscalculation if north korea work towardar test. >>> john morgan's $3 billion trading loss front and center in washington. there was a senate banking committee meeting. mary schapiro appeared and chairman gary gensler. you saw him right there. both told the panel they're investigating the loss. >>> also on capitol hill, three senators announce their plan to introduce legislation that would remove bankers from fed boards. of course, that came up in this whole situation because jamie dimon is on the new york federal reserve board of directors. the senators say it poses a conflict of interests. sales of existing homes rose in april. 3% to 4% higher. the median home price, $177,400. that's up 10% from a year ago. so where are they going up the fastest? according to data compiled for cnn, here is where you should be looking. they're all in the western part of the country. madera, california, number one. oregon has three cities in the top five. it has been 292 days since we lost our credit rating. we ask every night what are we do