j. sarah boys. congratulations. congratulations to everybody. time for a pledge. >> we are going to lead you in the pledge. you guys know how to do this, right? leadership as a measure of what -- leadership! sportsmanship! teamwork! let's have one last round of applause for mr. mayer -- mayor ed lee. he was very impressed with your project. he would not have come out if he was not. raise your hand if you donated $1 million to someone's project? did anyone give $1 million the other day? when you guys do something awesome, people notice. they want to give support and give money. we have representatives from state farm on hand to present $10,000 per it to america scores bay area to honor all of the excellent products you have done. let's hear it one more time. >> hi everybody. this is really great. i am seeing these projects and i am really impressed by everybody. you guys did an amazing job. give yourselves a round of applause. state farm is giving this grant to americas scores because what america's course is doing with young people is tremendous

. >> happy friday, sarah. >> j. p.f the strongest banks taking some big risks and making some big mistakes. >> yeah, we are talking about a $2 billion blunder over the past six weeks made at j. p. morgan chase. what happened was a bad trade was done in a derivatives unit in its london operations. so bad that the ceo, the well- regarded ceo, jamie diamond, called a last-minute conference call last night after the close of trade to tell the investment community what went wrong and anybody who knows diamond knows he is a well-regarded guy. he speak straight. he doesn't use technical jargon. and he goes look, this mistake is, quote, egregious and self- inflicted so he is out in front of the error. last night, we did see that the shares of j. posterior morgan down more than 6%. other banks down dramatically in sympathy but there is a possibility things might be okay today. because, like i said, diamond is out in front were rear or. but this casts all sorts of questions of what will happen with regulations. diamond was one o

j-lo and a lot up in the air. we'll have lots to talk about. >> thanks, sarah. >>> coming up on the news edge at 11:00 a major movieut the hunt for osama bin laden, how much classified information did the white house give hollywood? new details how the cia is responding next. [ male announcer ] are you paying more and more for cable and enjoying it less and less? upgrade to verizon fios tv, internet and phone for just $89.99 a month guaranteed for two years with a two-year agreement. this is a limited time offer, so don't wait. get fios at this great low price. act now and you'll get $250 back. but hurry. this incredible offer ends june 2nd. call 1.888.get.fios. fios. a network ahead. call the verizon center for customers with disabilities at 800-974-6006 tty/v. >>> mark your calendars bieber fans, bieber fever taking the

sarah frazier is here. how are you? >> i'm good, how are you? >> i'm good. >> and we heard about beyonce and j. >> and i want the muffin basket. >> and -- you get chilled juice, environmentally friendly and this is at cedars sinai in l.a. where she had it and the rumor was $500,000, she was booking in advance and that has not come true. >> okay. >> and that is close to $4,000. beyonce's 3200. all of the amenities, 2 1/2 baths. >> a couple of bedrooms? >> three bedrooms so the family can stay there. eric johnson can stay there and she could give birth. seemed like the longest in history. >> when you a settlein, you can get away with that. >> and that, of course you can. >> and that would have been fine. >>> and talk about glee star. amber riley collapsed on the red carpet what happened? >> there are a lot of malicious rumors she suffered a heart issue and collapsed. her reps and glee reps are coming out and saying not true. she became diseasey -- dizzy and suffering from heat sort of issues. you can call it heatstroke and -- >> right. >> she said i got a lot of disy from the photog flashes. tha

residence j tonight, he will be attending an awards dinner hosted by the atlantic council at the ritz carlton hotel. where were our invitations? >> i know. it will be a busy day. >> i'm sarah simmons. >> i'm will thomas. looks pretty clear outside. a nice sort of crispness to the air today. >> nice and cool. we have temperatures in the others right now. a cup of low 60s to the south. should be a decent day today. temperatures on the cool side. turned into a mostly cloud you day, kind of cool. >> is there a little bit of wind out there today or just like a tad bit. one of the cameras was moving. >> a little bit of wind. that might be squirrels jumping. probably not wind. we have fog and drizzle as well. we'll do the hd radar again because that is the only map we got working again this morning. >> oh, tucker! >> the flashing you see out to the west, that is thunder and lightning. they had some lightning storms out there. it is widespread from the deep south up toward chicago. there is a combination of a warm front and cold front out there. the winds are out of the east here and that continues to pump in the cool maritime layer from the ocean. it feels a little cool out there