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Transcripts For CNNW Erin Burnett OutFront 20120630

the best day of the year. and the best june in 13 years. lucky 13 i guess. why? well, we were touched by an angel. and considering how important europe is to american jobs and to this presidential election, the president was touched by an angel too. yes. yes, she is, the angel in this case is literal. angela merkel putting another band aid on the europe crisis that buoyed stocks around the planet. literally this started in asia and fell all the way through. this was pretty incredible news. she caved sort of. looks like they re about to kiss, doesn t it? european leaders today said they ll allow troubled banks to use emergency money from the european union. basically that means mostly german rescue funds. that s the truth of it. the bottom line, it means the money will get to the banks more quickly. helping countries like spain, whose crisis is threatening to break up the entire european experiment. now, the market celebrated, that s for sure. this is not the final solut ....

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Transcripts For CNNW Erin Burnett OutFront 20120629

good evening. i m erin burnett. outfront, we have breaking news. this was a very, very big day. stocks surged. the best day of the year. and the best june in 13 years. lucky 13 i guess. why? well, we were touched by an angel. and considering how important europe is to american jobs and to this presidential election, the president was touched by an angel too. yes. yes, she is, the angel in this case is literal. angela merkel putting another band aid on the europe crisis that buoyed stocks around the planet. literally this started in asia and fell all the way through. this was pretty incredible news. she caved sort of. looks like they re about to kiss, doesn t it? european leaders today said they ll allow troubled banks to use emergency money from the european union. basically that means mostly german rescue funds. that s the truth of it. the bottom line, it means the money will get to the banks more quickly. helping countries like spain, whose crisis is threatening to ....

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