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Transcripts For CNNW The Situation Room With Wolf Blitzer 20110818



we ll begin with the breaking news, all of us with money in the stock market, we re just catching our breath and now this, another big selloff on wall street. all three major indices way down at the closing bell. the dow losing a hefty 419 points. it s the fourth biggest slide for the dow in a month of big losses. the dow has plunged 1152 points so far this august. that s a drop 9.5%. and the month isn t even over yet. let s turn to cnn s richard quest. he s following what s going on. a lot of traders on wall street, richard, they re blaming what s happening where you are in europe for a lot of the problems here in the united states. do they have a point? way too simplistic to put it like that, wolf. there are problems on both sides of the atlantic. what prefaced today s fall was the morgan stanley s report that warned of a dangerous risk of recession in the united states and in the euro zone because of what it called policy errors and sluggish growth. it s not you ....

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Transcripts For CNNW The Situation Room With Wolf Blitzer 20110530



teenage girls. and hackers tapping into something important, new targets, and get dangerously close to u.s. military secrets. the rash of online attacks and the threat to internet security and to homeland security. wolf blitzer is off. i m candy crowley and you re in the situation room. on this memorial day, sarah palin is doing some of the things she did best, creates suspense and drums up suspension. vice presidential nominee and reality tv star is not saying whether she will added a presidential candidate to her resume but republican contenders on the trail today. jim acosta is in gettysburg, pennsylvania, where palin arrived just moments ago. jim? reporter: candy, sarah palin was asked today by a reporter whether or not she was running for president and she answered that she is contemplating a run for the white house but more importantly, another question could be asked and that is, does all of this look like she s running for president? the answer just might ....

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