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Transcripts For CNNW CNN Newsroom 20120715

totalitarian regime and a dictatorship. and all orders come from president assad. translator: in 2003 after the american invasion of iraq a toppling of the syrian regime, they had an agreement with al qaeda so keep the road open to iraq so militants started coming from all over the world to syria under the eyes of the syrian secret police who are directly responsible for the killing of thousands of iraqis and coalition forces. he trained and provided shelter and built safe havens for al qaeda to hide in. he is the second high-profile sooun official to break within the regime in a week. ivan, did he say why he defected exactly? he said that it was the litany he gave a litany of all the atrocities and massacres that have been committed and he says he had tried to convince the syrian government to change its approach to the syrian people and when he saw there was no hope of a softer approach, that he decided to end his relationship with the regime that he worked with, h

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Transcripts For CNNW Piers Morgan Tonight 20120715

who s the best? the peek at both your parents, who would win? i d like to say, selfishly, i might beat him. his harrowing escape from an attack with the whole world watching. this is piers morgan tonight. mark spitz is a true olympic legend. spitz was swimming into the record books. he won seven gold medals. 40 years later, he remains an icon, an american hero and he s here. mark spitz, welcome. what it s like to be an icon? probably a little bit better than not being an icon. i was thrusted into that opportunity in 1972. i didn t realize i was going to be elevated to a level where people are going to be looking at it like something special. i was 7 years old. the first olympic games i ever watched on television with any kind of real interest or be old enough to understand what was going on. you were like this incredible fish. every time you went in the water, everyone else had to get out of there. and you also had the most incredible mustache that anyone had ev

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Transcripts For CNNW Erin Burnett OutFront 20120714

outfront tonight, losing money, rewarded big time. today, jpmorgan s stock was up like a july firework. surging 6%. in fact, it brought the whole market along. for a friday the 13th surprise. it was the best day for stocks this month. and it doesn t add up. so, jpmorgan shares popped in reaction to the bank announcing that losses from that high-profile trading blunder we ve been talking so much about now top $5.8 billion. now, that $5.8 billion is about three times more than the company said it would lose on this trade just weeks ago. today, the ceo of jpmorgan, jamie dimon, took questions on an earnings conference call, and he said he s earned a lesson. we ve learned a lot. i can tell you this has shaken our company to the core. the truth is no one is sure if other banks have trades like this going on or whether it will happen again at jpmorgan. the truth is, we do not know very much about our banks. jamie dimon didn t know about the now infamous trade for so long that

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Transcripts For CNNW Your Bottom Line 20120714

best place to get rich. it s part of the american dream. potential republican vice president candidate marco rubio says wealth is on its way. we have never been a nation of haves and have nots. we are a nation of haves and soon to have, of people who have made it and people who will make it, and that s who we they d to remain. those soon to haves may beg to differ, according to the project, best way to make it to the top in america, be bornt the top. 40% in the top tier family wealth as children stayed there as adults. it s the same story for the poorest americans with little evidence to show they are moving on up in big numbers. i m joined by will cain, mark lamont hill, will, what is rich and why does it matter? i don t know. when we throw that turn around as though it s self-evident, what is rich. is $250,000 rich? is a family of four on $250,000? is that rich? a million, that sounds arbitrarily right, that is rich? i think in the end the definition of rich is the ot

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Transcripts For CNNW Your Money 20120714

[ chirp ] [ male announcer ] upgrade to the new done. with access to the fastest push-to-talk and three times the coverage. now when you buy one kyocera duracore rugged phone, for $49.99, you ll get four free. visit a sprint store, or call 855-878-4biz. [ chirp ] that economic storm is cloetser to the shores every day. you can call me nuts. you can call me chicken little but the political battle over extending the bush tax cuts is blowing the storm bands over our head. you don t need me to tell you that our economy is on the brink of weakening again. you feel it every day. the latest cnn orc poll shows just 27% of you say the economy is in good shape. 73% feel that the conditions are pretty poor. while rays of hope peek through the clouds from time to time, the u.s. economy is fragile right now. families are facing long-term unemployment. there are foreclosures, higher student loan payments, higher medical costs, so the notion that you may have to pay higher taxes by next

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