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CNNW AM Wake Up Call September 23, 2011



recession fear. today the story is the health of the european banks. that s absolutely right, christine. what we re seeing is conflicting reports today in a couple of newspapers about whether the eurozone and european regulators for the banking industry will move to try to recapitalize or shore up the capital that some of the banks hold. this is on the back of on going concerns about the health of the french banks after mohamed el arian said yesterday. he said that could undermined the eurozone, pushing europe into a broader recession. today the markets seem to be rebounding after flirting with losses earlier on in today s session, christine. we should also remember that we ve had really sobering statistics and warning shots from some of the world s biggest institutions this week. let me run you through them. on a positive note, overnight we had the g-20 promising to act put forward concerted action to try to stop these losses and on going concerns about a return to ....

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