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Transcripts For CNN Anderson Cooper 360 20240706



deeper trouble, and two credit firms downgraded first republic bank to jump status. though they gave back some ground by the close the dow industrials and s&p 500 still ended the day down significantly. shares of regional banks including first republic were down sharply, in first republic s case by more than 21%. big banks which are more tightly regulated also took a hit with citi group shares down 5%. we ll have more in a moment on what this means to markets and the economy. chris tone romans and phil mattingly with me for that. first we re joined by senator bernie sanders. senator sanders, how much confidence do you have in the banking system right now? and should people watching be worried about their bank and their savings? well, i think we re all concerned about what happened at silicon valley and we re looking at other banks around the country. and i think our hope and our prayer is that there s not going to be contagion. and i think it s imperative that the con ....

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Transcripts For CNN Anderson Cooper 360 20240706



good evening. tonight, the latest on banking system troubles that appeared to be easing yesterday but came rumbling back this morning. deeper trouble than previously thought. then, kim news that two tragic credit rating firms had downgraded. markets plunging this morning, and that they gained back some ground by the close, the still ended the day down significantly. shares of regional banks, including first republic, were down sharply, and first republics case by more than 21%. big banks that are tightly regulated also took a hit, with citigroup shares more than 5%. good morning the moment on what this means to market economy, your money christine romans will be with me for that. first, we re joined by vermont senator bernie sanders, who chairs the senate labor and pension committee. so sanders, how much confidence you have in the banking system right now? should people what should be worried about their bank in their savings? i think we re all concerned a ....

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Transcripts For CNN Erin Burnett OutFront 20240706



suze orman is out front with answers. just in, the moment a ukrainian soldier takes down a russian jet as we re learning new details about russia training elementary schoolchildren to fight. georgia has another reporting of trump pressuring another official to overturn the election and it comes as trump s former fixer michael cohen testifies before a grand jury in new york. trump s attorney is my guest tonight. let s go out front. good evening. i m erin burnett. out front tonight, fear going global. worry of banking collapses spreading beyond the united states with mega bank credit suisse shares plummeting and a quarter of the value gone in a day and saying it s ready to bail out credit suisse with more funds in necessary and that fear ricochetting back to wall street and the dow down 700 points at one point closed down 300. shares of banks taking another brutal blow. take the regional bank first republic, it lost 20% of its value today. it is a widely respected bank ....

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Transcripts for CNN Anderson Cooper 360 20240604 00:00:00

Magellan mission during the 1990s are now revealing changes in shape and size of a volcanic event just over the space of eight months. this is computer generated rendering showing lava flow, but experts say it s a crucial discovery. it raises questions about earth and where we could be headed. experts say venus may once have been like earth until it was smothered in carbon dioxide and became obviously completely uninhabitable and the hottest planet. it came as nasa redesigned space suits for astronauts. the new suits are more flexible, able to fit more body types. that dark color scheme is just a cover. the new suits will be white like the old ones to protect astronauts from extreme heat. thanks for joining us. anderson starts now. good evening. tonight the latest on the banking system troubles that appear to be easing yesterday but came rumbling back this morning with word the struggling swiss bank credit suisse was in ....

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Transcripts for CNN Anderson Cooper 360 20240604 04:01:15

Transcripts for CNN Anderson Cooper 360 20240604 04:01:15
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