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Detailed text transcripts for TV channel - CNN - 20110519:10:02:00

and all of my energy to proving my innocence. susan candiotti is covering this case for us. a pretty strategic move by the strauss-kahn defense on the eve of his bail hearing. that s going to be today. reporter: absolutely. certainly it s no coincidence that he s making this statement today, this resignation, on the eve of when he s going to be asking the judge to let him out of jail. a judge gets to figure it out. are the conditions figured good enough to make sure he shows up in court. dominique strauss-kahn wants out of rikers where he s been two nights under a suicide watch protectively. if he makes his case, no more cot, no more cell, no more guards looking in on him every 15 minutes. he d get to live in a comfortable home, possibly his daughter s in manhattan. his attorneys are proposing $1 million bail, the same amount they offered monday. he d be confined to home 24 hours a day, 7 days a week be under electronic monitoring and sure to be checking in with the court by phone.

Transcripts For CNNW American Morning 20110519

good morning. welcome. it s thursday morning, may 19th. we have a lot of news this morning including some breaking news. let s begin with that breaking news. the resignation of dominique strauss-kahn as head of the international monetary fund. this move comes just before a bail hearing today in new york. we re seeing this mug shot for first time. the former imf chief is facing sexual assault charges for allegedly attacking a maid in his manhattan hotel room. he says he is not guilty. resigning from the imf so he can defend himself fully. here is part of a statement he released. quote, i think at this time first of my wife, whom i love more than anything, of my children, of my family of my friends. i want to say that i deny with the greatest possible firmness all of the allegations that have been made against me. i want to protect this institution, which i have served with honor and devotion, and especially i want to devote all of my strength, all of my time and all of my

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