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good evening, everyone. i m eric burnett. how much will it cost to bail out europe? $1 million. just like dr. evil in austin powers, that s not enough. $100 billion. nope. even a super villain would not ask for a number this big. the final number to bail out europe could be closer to $6 trillion. so take a deep breath. i ll get to the grand total in just a moment. days ahead of the crucial greek elections, spain asked for $125 billion to bail out its banks. and that s just the beginning because spain is only one of several european countries lining up for more money. spain, portugal, ireland, greece, already have asked for $615.5 billion. but does it add up to enough to save them and us from more economic calamity? sources tell outfront, not even close. one of our most reliable sources says that all estimates to date on how much this is going to cost have been wrong. he warns about a domino effect, most notably on france and says we re not even close to stabilizat
p.m. and 11:00 p.m., eastern and pacific. i ll give you a preview later in the show. plus, america s amazing energy boom and how it will reshape global politics. and finally, an african success story. i ll talk to rwanda s president, paul kagame. it s been graduation season in the united states and i was honored enough to be asked to provide some words of advice at two universities this year, duke and harvard, where i got my ph.d. many of you have been interested in what i said at those events so i thought i would give you a quick summary. this has been a tough year mostly everywhere, but i am less gloomy than most. i think back on the crises we have already come through. remember the fears after the financial crisis began in late 2007? in the 12 months following, the economic peak in 2008, industrial production fell as much as it did in the first year of the great depression. equity prices and global trade actually fell more. yet, no global depression followed. or reme
with the breaking news. so the administration has been feeling clearly bipartisan pressure for several days now on these leaks. what do we know? look, it s a time tested washington strategy leak unpleasant news on a friday night and hope the media is out drinking and too busy to pay attention. the president, joking a little bit, the president also was under a lot of pressure after his answers at a press conference today when he didn t definitively say whether or not the administration was investigating these leaks. here s the president. what i m saying is we consistently whenever there is classified information that is put out into the public, we try to find out where that came from. all right? okay. thank you very much, everybody. now anderson, the president some on the hill have accused the white house of deliberately leaking the information to make the president look like a strong commander in chief in an election year. the question is, was anybody in the adminis
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