Executives at JPMorgan knew about the risk practices of some London-based traders well before they lost the company more than $2 billion earlier this year. As early as 2010, discussions were underway about how to restrict the London traders. That year, the London-based traders lost $300 million in a matter of days on a foreign exchange-options trade, but without any gains to offset the loss. Despite the concerns, the risky trades continued. By April of this year, the London traders raised concerns again when they made a large bet on the value of corporate credit indexes.  On April 13, Chief Executive Jamie Dimon called the concern over the trades a “tempest in a teapot” though he has since admitted to being “dead wrong.”

The U.S. State Department issued a harsh warning on Monday that the Syrian government could be planning a new massacre. The town of Haffa in the Latakia province is a target, officials said, because it has been blocked by United Nations observers. Victoria Nuland, the U.S. official, said the U.N. “made a particular appeal” to access Haffa “because it had heard concerning reports about regime plans.” U.N. special envoy Kofi Annan said that reports of mortar, helicopter, and tank attacks had been picked up. The U.S. downplayed stepping to the conflict, and also noted that Syria media reports said the Haffa massacre would be issued by the rebels, not Assad forces. A car bomb exploded in Deir al-Zour, killing 10 people.

It’s technically old news, but it’s still relevant: a report released Monday by the Federal Reserve found that America’s median family had the same amount of money in 2010 as they did in the early 1990s, as a result of the financial crisis. The new data was released in the Fed’s triennial Survey of Consumer finance, one of the most accurate and thorough sources of information about the wealth of American families. Though this data was collected in 2010, more recent economic reports have indicated that median American families have seen only modest gains in wealth and income in the past two years. An uptick in consumer spending has helped spur some economic growth, but the survey indicates that consumers are spending money rather than saving and repaying old debts.

A 28-year-old male took the witness stand Monday in the Jerry Sandusky trial, claiming the former Penn State football assistant coach had treated him “like his girlfriend” for more than two years, giving him a plethora of gifts. Sandusky, 68, denies the 52 counts brought against him by 10 boys over the course of 15 years. The man said he was 12 and 13 at the time of his alleged encounters with Sandusky, which he says happened more than 40 times and were “very uncomfortable.” The accuser went on to say Sandusky put his hand on his knee every time they were in a car together, which he said he “could not stand.” The man shared a letter in the court that he says Sandusky wrote to him that says “Love never ends.”

Rescuers in northern Afghanistan are frantically working to pull survivors from the rubble of two earthquakes and subsequent landslide that buried more than 20 houses in Baghlan province on Monday morning. Officials confirmed that two women’s dead bodies have been retrieved from the landslide, while the U.N. confirmed another death as well as destruction of houses across five districts in the remote, mountainous region. Two earthquakes, measuring a magnitude of 5.4 and 5.7, respectively, hit the region early Monday morning, and both were felt as far away as Kabul, Afghanistan’s capital. Rescue workers are begging for bulldozers and other equipment in order to get beneath the rubble, and the U.N. confirmed it’s working with local officials but would not disclose further details.

The Justice Department’s Civil Rights Division plans to sue Florida because the state’s efforts to purge voters from its rolls violate federal law, it says. The D.O.J. had warned last month that the state’s attempts to remove those believed to be noncitizens from the voter rolls was illegal because the process had not been approved by either the Justice Department or a federal court.  Assistant Attorney General Thomas Perez wrote that the enforcement action was going forward because Florida had “indicated its unwillingness to comply” with federal laws. Florida Gov. Rick Scott said, “We found individuals that are registered to vote that don’t have a right to vote, noncitizens and they voted. I have a job to do to defend the right of legitimate voters.”

An unmanned Navy drone slammed into a marsh in eastern Maryland Monday, killing no one and leaving no reported injuries, initial reports said. But the loss of the $176 million plane could be used against President Obama’s drone program in the Middle East. The RQ-4A Global Hawk drone crashed during a routing training test from a nearby naval air station. The U.S. Coast Guard blocked the tributary where it landed from recreational boats as an investigation was launched. The crash, which Navy officials called highly unusual, occurred just after noon local time.

Steve Jobs would be proud. Apple unveiled the new MacBooks at its WWDC keynote on Monday with a bevy of new features that upped the Silicon Valley arms race against its ultra competitor, Google. The new MacBook Pro is slimmer and lighter than previous versions. The 15-inch MacBook Pro is only 0.71 inches thick and weighs just 4.46 pounds. The company also showed off iOS 6, a new mobile platform, which includes a smarter and multilingual version of Siri. Apple CEO Tim Cook, who made the presentations, also unveiled new mapping and navigation systems, which the company will use instead of Google Maps and will be installed in new iPhones and iPads. Apple is constantly making an effort to update its operating systems on iPhones, which account for 23 percent of the smartphone market, compared with Android’s 59 percent.

There’s a first time for everything. The Los Angeles Kings won the Stanley Cup for the first time in the franchise’s 45-year history Monday night in Game 6 of the finals against the New Jersey Devils. The Kings ran away from the Devils with a 6-1 victory on Los Angeles. The Kings had a 3-0 series lead over the Devils before New Jersey mounted a comeback in the series and won games 4 and 5. The No. 8 seed Kings are also the lowest-seeded team ever to win the Stanley Cup. Jeff Carter and Trevor Lewis scored two goals apiece while playoff MVP Jonathan Quick made 17 saves. Captain Dustin Brown had a goal and two assists for the Kings as well.

In a case that gripped much of the Australian public in 1980, a coroner ruled there Tuesday morning that Azaria Chamberlain was killed by a dingo. Azaria’s mother and her husband were originally jailed for the 2-month-old’s killing after the girl went missing on a family camping trip in August 1980. While both adults were exonerated in 1987, coroner Elizabeth Morris said Tuesday that a dingo was the most likely cause of Azaria’s death. The girl’s official death certificate will be changed as Morris said that the evidence was “adequate, clear, cogent, and exact” that Azaria was taken by a dingo.

They aren’t f--king joking! Officials in the Massachusetts town of Middleborough are reportedly so fed up with public swearing that they have brought about a measure to ban such verbal acts in public. Residents were due to vote on the measure Monday night, which would make swearing in public worthy of a $20 fine. The fine, which was proposed by the police chief, is said to be aimed at profanity-laden language used by teens and others in the downtown area and public parks—not in casual conversation. The state of Massachusetts does allow towns to enforce laws that give police power to arrest anyone who “addresses another person with profane or obscene language.” Middleborough has around 20,000 residents.

Giddy up! Zara Phillips, granddaughter of Queen Elizabeth II and cousin to Princes Harry and William, has been nominated to be part of the U.K.’s five-person Olympic team, the British Equestrian Federation announced Monday. Phillips, 31, was picked for the nomination after a series of strong performances, most notably her third-place finish at Bramham last weekend. Phillips has been out of the limelight since her 2006 World Championship, but galloped back into the competitive ring last year on her new horse, High Kingdom. “I am really excited and can’t wait to get on and get him out there,” Phillips said in a statement on Monday. She’ll pick up the torch from her parents, Princess Anne and Capt. Mark Phillips, both of whom competed for Britain in the Olympics.

There was no acting on stage for the cast and production team of Porgy and Bess as the show won the Tony Award Sunday night for best musical revival. Clybourne Park took the crown for best play, while Death of a Salesman—starring Andrew Garfield and Phillip Seymour Hoffman—won the prize for best play revival. The Disney musical Newsies won best score while Christian Borle of TV’s Smash won best featured actor in a play for his role in Peter and the Starcatcher. Steve Kazee won for best lead actor in a musical for Once, adapted from the movie. Neil Patrick Harris hosted the Tonys, held at the Beacon Theater in Manhattan.

Police are probing gang connections in Sacramento, Calif., Monday after a late-night shooting left four people dead, including the shooter. The attack, which police say they first looked at as a home invasion, was likely not “a random act,” police spokesman Michelle Gigante told reporters. “It’s still early. At this point we’re trying to figure out what happened.” The victims were members of Sacramento’s Hmong community. A man who was known as a shaman among the Asian immigrant community was killed, as were his wife and one other person. According to a spokesperson for the Hmong community, the couple’s son shot and killed the assailant.

This pig’s lipstick was made in the U.S. and Europe. Syrian dictator Bashar al-Assad and his wife turned to Western public-relations firms and news publications to burnish their image, portraying themselves as cosmopolitan and progressive. They kept the act up right until Assad’s government began a brutal crackdown to suppress a popular uprising that began 15 months ago. “He speaks English,” said one Syria expert who previously worked for a charity associated with the couple, “and his wife is hot.” Among other mingling of media sheen and money, the Assad’s paid Washington spin artists Brown Lloyd James $5,000 a month to play the go-between for first lady Asma Assad as Vogue prepared a profile in March 2011.

British Prime Minister David Cameron’s office confirmed Monday that he accidentally left his 8-year-old daughter, Nancy, in a pub after a Sunday afternoon visit months ago. The family left the pub in two cars, while Nancy was in the bathroom, and each parent thought she was riding with the other. When he realized the error, Cameron returned to pick her up within 15 minutes. A Cameron spokeswoman said, “The prime minister and Samantha were distraught when they realized Nancy wasn’t with them. Thankfully when they phoned the pub she was there safe and well.” She also said that no member of Cameron’s security team was determined to have made any mistakes during the incident.

Mexican politicians held their final debate Sunday as young voters took to the streets to demonstrate against frontrunner Enrique Peña Nieto. With Peña Nieto holding a healthy lead, the National Action Party’s Josefina Vázquez Mota spoke directly to voters discontented with their options, saying, “You young people, you can rally in the streets without fearing an authoritarian president.” Mota’s party currently holds power, and she said that the leading candidate represented the past. Ninety thousand people protested in Mexico City against Peña Nieto’s Institutional Revolutionary Party on Sunday. Mexican voters will head to the polls July 1.

The U.S. Coast Guard says the report of an explosion aboard a yacht off the coast of New Jersey could actually be a hoax. Authorities were told that seven were injured people as all 21 aboard were forced into life rafts. The yacht, Blind Date, was said to be 17 nautical miles east of shore when the accident occurred. But Joe Klinker, a Coast Guard official, said that it was "highly unusual" for the Coast Guard to get that kind of positioning and arrive quickly to find no signs of distress. He said it remains unclear if a yacht named Blind Date actually exists.

Someone give this guy a break. Kris Humphries’s lawyers contacted FBI agents Friday because ex-girlfriend Myla Sinanaj tried to blackmail him, TMZ reports. Sources close to the NBA star told TMZ that Sinanaj threatened to “ruin” Humphries if he didn’t hand over a large sum of money in exchange for emails and texts documenting their relationship. Humphries’s lawyers reportedly went to the feds after Sinanaj’s side wouldn’t play ball. TMZ says that they wanted her to sign a nondisclosure agreement. According to TMZ’s sources, Sinanaj’s alleged attempts at extortion may have left an electronic trail that would aid in an investigation.

Former British Prime Minister Gordon Brown pushed back on Monday when he took the stand at the UK’s probe into hacking at Rupert Murdoch’s media properties. In earlier testimony, the Australian media mogul had accused Brown of making a call during his time in 10 Downing Street in which he said he was “at war” with Murdoch’s empire. “This call did not happen,” Brown said in testimony Monday. “The threat was not made.” Call logs from Brown’s time in office seem to back up his claim that the only conversation he had with Murdoch while serving as head of government came a year later than Murdoch claimed, “and that was about Afghanistan.”

Communities in New Mexico and Colorado continued evacuations Monday as wildfires spread through forested areas of the states. In southern New Mexico, fire officials used aircraft and ground crews to try to harness a blaze that has already eaten through 40 square miles and destroyed an estimated 36 structures. “Any communities around this fire have the potential of being evacuated,” said a spokesman for firefighters in Ruidoso, N.M. “Don’t wait until the sheriff’s office comes knocking at your door and tells you to evacuate.” In Colorado, authorities have reportedly sent phone messages to 1,800 people, asking them to evacuate, and Red Cross shelters have registered about 500 people.

Attorney General Eric Holder has fallen into the sights of the House Oversight Committee. The committee announced Monday that it will consider issuing a contempt citation to Holder on June 20 regarding the Department of Justice’s refusal to provide certain information pertaining to “Fast and Furious,” a gun-smuggling investigation. Committee chairman Congressman Darrell Issa, a Republican from California, said in a statement that Holder may still be able to escape a citation if he “decides to produce these subpoenaed documents," adding, “I am confident we can reach agreement on other materials and render the process of contempt unnecessary.”

Controversy is sure to return to Happy Valley as former Nittany Lions football coach Jerry Sandusky goes on trial Monday on 52 charges of sexual abuse. The criminal assault charges involve 10 boys and span 15 years. “There really is no physical evidence,” law professor Wes Oliver told reporters. “It’s entirely a question of he said, he said. But there are a whole lot of ‘he’s.’” Opening arguments will commence Monday morning, and Sandusky’s attorney Joe Amendola said that it’s a battle the former Penn State hero has to win. “There will be no plea negotiations,” Amendola told reporters. “This is a fight to the death. This is the fight of Jerry Sandusky’s life.”

There’s a deeper meaning in here somewhere. While performing in New Zealand, Lady Gaga was hit on the head with a pole. Don’t worry, little monsters, the singer suffered only a concussion (according to her makeup artist’s tweet) and was able to finish her concert. Someone in Gaga’s backup crew accidentally hit her in the head when removing a prop from the stage. Gaga, who was holding a machine gun, was fazed for a moment, then briefly left the stage.

Republican leaders had their sights trained on the Obama administration Sunday as the White House went into crisis mode over a series of media leaks. Recent press reports including stories in Newsweek and The New York Times detailed the administration’s drone-warfare program, among other elements of Obama’s national-security strategy. “Our intelligence people say this is the worst breach they’ve ever seen,” Sen. John McCain said on CNN on Sunday. “It’s very clear that this information had to come from this administration. It couldn’t have come from anywhere else.” While Attorney General Eric Holder has appointed two federal prosecutors to look into the leaks, McCain called for a “special counsel” independent of the Department of Justice to be given the task.

Deposed Egyptian dictator Hosni Mubarak may be in a  coma Monday mere weeks after being sentenced to life in prison for complicity in the killing of protesters during last year’s Arab Spring uprisings. One government spokesman made the claim early Monday, but later another spokesman offered a conflicting report, saying Mubarak is having breathing trouble but not in a coma. The disgraced 84-year-old’s health has been deteriorating since his sentencing. “His two sons, Gamal and Alaa, submitted a request to the prison authority to move beside him, and it has been accepted,” Interior Ministry spokesman Alaa Mahmoud told reporters Monday. Security officials told the Associated Press that doctors had to use a defibrillator twice on the ailing Mubarak, but did not elaborate further. Mubarak, who was wheeled into court proceedings on a hospital gurney, is currently in a prison hospital in the Egyptian capital of Cairo.

European stocks took a turn for the better early Monday as markets breathed a sigh of relief after Spain accepted a bailout offer over the weekend. The collective exhale may be only temporary, however, as politicians and investors alike turn their attention from Spain back to Greece, where voters are set to head to the polls later this month. The pro-bailout New Democracy party shows a slight lead in the most recent polls, but whether or not that will be enough to carry it past widespread anti-austerity sentiment will keep market watchers on edge right through the returns. Spain’s IBEX-35 index surged 4.5 percent Monday morning while Greece’s ASE shot up 2.4 percent and Germany’s DAX rose 2 percent.

Novak Djokovic may be the best player in men’s tennis—but don’t tell Rafael Nadal that. Despite losing three straight major finals to Djokovic, the Spaniard knocked off the No. 1 player in the world at the French Open Monday, as play resumed after Sunday’s rain delay. When the match was suspended, Djokovic had just surged back from a two-set deficit, winning 6–2 and up a break in the fourth set. Djokovic was attempting to pull off a “Djokovic slam,” or holding all four major titles at the same time. Nadal won his seventh French Open title, moving him past Björn Borg for the most at the tournament. He’s only lost one match in seven years at Roland Garros.

Jerry Sandusky’s alleged victims were given faces on Monday. As trial proceedings against the disgraced former Nittany Lions coach opened in Pennsylvania, prosecutors showed photos of the accusers to the seven women and five men of the jury. Senior Deputy Attorney General Joseph McGettigan III described the activities Sandusky is supposed to have engaged in with the 10 accusers in graphic terms, calling the onetime Penn State hero “a serial predator.” McGettigan said the activities took place “not over days, not over weeks, not even over months, but in some cases over years.” Sandusky faces 52 sexual-abuse charges spanning a period of 15 years.

Good Morning America anchor Robin Roberts said Monday morning that she has been diagnosed with MDS, a form of leukemia that affects the blood cells. Roberts, who won a fight against breast cancer five years ago, said that she will be undergoing a bone-marrow transplant. “Bottom line: I am going to beat this,” Roberts said Monday. “My doctors say it, and my faith says it to me.” The host’s older sister is a match for the transplant, and Roberts said she will likely undergo the procedure in the summer or fall. “It’s about focusing on the fight, not the fright,” Roberts said.

A macabre ménage à trois landed some moolah for one Georgia widow whose husband expired in the heat of passion. A jury said that a doctor’s failure to advise against overexertion in the sack was worth $3 million for the wife of the late William Martinez, 31, a police officer who bit the bullet while engaging in a threesome with another man and a woman who was not his wife at a hot-sheets hotel in Atlanta in 2009. “The type of sex that he was engaged in is the type that’s totally unacceptable to our community,” said Rod Edmond, Martinez’s family’s lawyer. “But the fact of the matter is this man could have died running on the treadmill, running after a criminal.” The jury found Martinez 40 percent responsible for his own death, but one imagines that a higher percentage of Atlanta’s male population thinks the way Martinez died was 100 percent awesome.

The Georgia Department of Transportation is in a bit of a pickle. Do they approve the International Keystone Knights of the KKK’s request to adopt a highway, or do they forgo the opportunity for cleaner streets because their latest group of volunteers is a bunch of white supremacists? To avoid a legal dispute with the eager KKK-ers, Georgia may actually have to abandon its Adopt-A-Highway program if they decide to reject the group’s application. The Georgia Realm’s exalted Cyclops who filed the application insists they just want to do something good for the community. “We just want to clean up the doggone road,” he said. “We’re not going to be out there in robes.”

A Commerce Department memo revealed Monday night that Secretary John Bryson would take a medical leave of absence effective immediately following car crashes he was involved in Sunday. Earlier in the day, a spokesperson said Bryson had suffered a seizure in connection with the two accidents that occurred in Los Angeles. He had been treated and released from a Los Angeles hospital. "I notified President Obama this evening that effective immediately I am taking a medical leave of absence so that I can focus all of my attention on resolving the health issues that arose over the weekend," Bryson said in the memo. It was unclear whether the seizure caused the two accidents or was a result of them. Bryson was cited for a felony hit and run by the Los Angeles County Sheriff’s Department, which said that one of the two traffic accidents was caused by the 68-year-old Bryson.