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internationally too. it s a big problem for europe, a big problem for emerging markets. you re looking at turbulence the next six months. another thing to remember ben bernanke is probably going to leave his post and the obama administration will name somebody new and that will come with a lot of queasiness for the markets. bernanke tried to say we re on the right path. just relax. he s been trying to calm them. they ve had this whole strategy of trying to explain themselves more to the market and it hasn t worked out terribly well. it hasn t had the intended effect of assuring markets they re going to keep their foot on the gas until they see a little bit better and there s no signs they re going to start tapering quite yet but even the mention that they will. even the mere threat. yeah. so sensitive, those markets. they really are. bizarre. let s go to thomas now for the morning s other top stories. what are we looking at, thomas? let s bring everybody up to speed ....
Money officials in europe scrambling to prevent the debt crisis in greece from dragging other nations into a continentwide financial meltdown. european and german officials are assuring markets they re working quickly to approve a bailout for greece. its debt status was reduced to junk this week, and the country may need up to $158 billion to stay afloat over the next three years. let s take a look at the market boards here in the united states. dow jones industrial average up almost 100 points on the day. the s&p is having a pretty good day as well, up almost 12.5%. and the nasdaq up 20 points. let me go back to the memorial service right now. this is for dr. dorothy height. and right now, as you can see there, are a list of incredible people. this is dr. barbara shaw who is the interim chair of the national council of negro women. any moment now we are expected to see president obama giving the eulogy. this is a service conducted at the washington national cathedral who is which is ....