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Detailed text transcripts for TV channel - CNN - 20110519:10:05:00

Remarkably busy. when the treasury secretary of the united states comes out and says at the harvard club a few nights ago he has to step down, that s a sign that you won t be effective with the imf when fighting charges like this. the national transportation safety board investigating the crash of a military plane in southern california. the tanker jet crashed last night on takeoff at the point mugu air station. the boeing 707 burst into flames at the end of the runway. three crew members on board managed to escape with minor injuries. officials say the plane was being operated by a navy contractor omega air refueling which provides fleet operations on the point mugu sea test range. al qaeda out today with a new audio message said to be recorded by bin laden before his death. the 12-minute tape was posted by raddic am islamic websites. it calls him the martyr of islam. the message refers to the revolutions in tunisia and urges ....

International Monetary Fund , Treasury Secretary , Harvard Club , Southern California , Military Plane , Tanker Jet , Point Mugu Air Station , Boeing 707 , National Transportation Safety Board , Al Qaeda , Navy Contractor Omega Air Refueling , Crew Members , Point Mugu Sea Test Range , Osama Bin Laden , Audio Message ,

Transcripts For CNNW American Morning 20110519



good morning. welcome. it s thursday morning, may 19th. we have a lot of news this morning including some breaking news. let s begin with that breaking news. the resignation of dominique strauss-kahn as head of the international monetary fund. this move comes just before a bail hearing today in new york. we re seeing this mug shot for first time. the former imf chief is facing sexual assault charges for allegedly attacking a maid in his manhattan hotel room. he says he is not guilty. resigning from the imf so he can defend himself fully. here is part of a statement he released. quote, i think at this time first of my wife, whom i love more than anything, of my children, of my family of my friends. i want to say that i deny with the greatest possible firmness all of the allegations that have been made against me. i want to protect this institution, which i have served with honor and devotion, and especially i want to devote all of my strength, all of my time and all ....

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