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CNNW World Business Today May 20, 2011

tepco bows out as the world s largest energy company pays a record price. and they double on their market debut. ceo jeff weiner tells us there s no trouble in the media sector. we begin with the former imf managing director, strauss-kahn, who s expected to walk out of jail in a few hours from now, but he will not be a free man. the judge granted him bail on thursday but with strict conditions and a warning. and even as the judge was approving the bail request, grand jury indicted strauss-kahn on multiple felony charges including attempted rape. he s accused of attacking a maid last saturday at a manhattan hotel. he denies it. he has to post a $1 million in cash and a $5 million bond. he also has to agree to a 24-hour confinement and an armed guard at the door. he has to surrender his travel documents and agree to wear a monitoring device. the judge said, quote, we don t want his money. we just want to make sure that he comes back. so the top job of the imf has ....

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Detailed text transcripts for TV channel - CNN - 20110520:08:02:00

24-hour confinement and an armed guard at the door. he has to surrender his travel documents and agree to wear a monitoring device. the judge said, quote, we don t want his money. we just want to make sure that he comes back. so the top job of the imf has been vacant now for a little more than 24 hours. the hunt is on for a successor. john lipski is filling in as managinging atting director and as he told richard quest, they re wasting no time. the board of directors will meet shortly the next day or so. they ll agree on let s call it the technical process and details of how the search will be made and the selection will be made once the process is agreed and transmitted, then it ....

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