Elizabeth Edwards Reacts to Husband’s Affair

The wife of the former presidential candidate says her husband made a "terrible mistake" in 2006, says she'll stand by him.

"Although John believes he should stand alone and take the consequences of his action now, when the door closes behind him, he has his family waiting for him."

Plus: Obama also weighs in, says it's a "difficult and painful time" for the family. "They need to work through the process of healing. My sense is that's going to be their top priority."