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Transcripts For CNNW Early Start 20120622



the party in south beach. guaranteed it is still going on this morning. he said it s the best day of his life. i wouldn t doubt it. hi, everybody, nice to have you with us this morning. welcome to early start. it s 5:00 a.m. in the east, good morning, everybody. it may be a good morning, it may not be such a good morning, depending how you look at things. the markets are down worldwide this morning after the ratings agency moody s downgraded 15 of the world s largest banks and guess who happens to be sitting in this morning. the woman who knows everything there is to know about this. can you boil this down and let us know what it means for us? it means that your stock investments got hit yesterday and the global economy is slowing and we re seeing the ramifications of that around the world. 15 of the biggest banks in the world, including five of the largest u.s. banks were downgraded by moody s. bank of america, citigroup, goldman sachs, jpmorgan stanley. an ....

South Beach , Moody S , U S , Stock Investments , Hit Yesterday , Bank Of America , Credit Markets , Banking Analysts , Jpmorgan Stanley , Goldman Sachs , Great Depression , Banks Downgrades , Wall Street , Manufacturing Data , Bank Downgrades , S P 500 , Market Open , Bank Stops , Jerry Sandusky , Big Story , Child Sex Abuse Trial , Sexual Abuse , Dottie San Dusky , Assistant Football Coach , Travis Weaver , Penn State ,