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Detailed text transcripts for TV channel - CNN - 20110521:00:45:00

moenchlgts of hose responsible important the 2008 economic meltdown have gotten away with their crimes except for one. bernie madoff. after his $65 pobillion ponzi scam. they dissect the tale in the wizard of lies. we spoke recently. diana, thank you so much for joining me. you spent more time with bernie madoff than any other journalist. first question has to be has he come to grips emotionally with the magnitude of what he did? swamps every other ponzi scheme in history. does he realize that? i don t think so. i really don t. what i sensed was this enormous denial. when he talks about the crime, he gets into this terminology of dollars and cents, arithmetic, how much it will be raised in the bankruptcy court, how much will victims get. all of this cerebral stuff.

Transcripts For CNNW In The Arena 20110521

at the peace plan obama laid out in his speech yesterday. the peace based on illusions will crash on the rocks of the middle eastern reality. and the only only peace that will endure is one that s based on reality. on unshakable facts. a peace based on illusions. strong words indeed. i will be asking exactly what that meant and i will be asking true insider. i will have an exclusive interview with israel s ambassador to the united states mi the end of the world. if we don t act now it will be too late. some people are sure it is happening tomorrow. the guy that s predicting it said the same thing before. what if this guy is right? the story of what happened last time. and dominique strass-kahn, in america he is reviled. in france, he is a victim. he has been victim of premtipre preemptive punishment. you are an embarrassment to our party. republicans are off and running. and tripping over their own words. i don t think right-wing social engineering is

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