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Transcripts For CNBC Power Lunch 20120210



we go where the eagles dare. speaking of million dollar babies, i m simon hobbs with sue herera. power lunch begins right now. risk in greece very much in front demand today triggering turmoil in athens and fears they may not get the bailout cash it needs in march. that raises the possibility of a default. and that s where we stand in the united states. the nasdaq down .5%. the s&p 500 is down a similar amount. we have cut our losses, but it s still a triple digit fall for the dow. taking a pulse of the markets as we head over into the weekend. the fear gauge, the vix, is sharply higher as you can see. both copper and oil are lower. here you see copper down. we ve also got crude down $1.40. that s on greece. but also concerns about the strength of chinese demand coming through before the beginning of our session here. midday movers this friday, nuance communications, they make speech recognition software. results missed earnings and you can see it s down 12%. insu ....

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