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Detailed text transcripts for TV channel - FOXNEWS - 20100504:23:31:00

shepard: authorities tell fox news they believe that audio is authentic. the police let the jet take off. as for the suspect, shahzad, well, we re told he is still admitting that he drove a bomb-packed suv into times square over the weekend. of course, that bomb failed to detonate. but it did spark a massive manhunt, one and thenned at a terminal at jfk. major garrett at the news live at his position at the white house tonight. how does this guy wind up on the plane again? shepard, here s the sequence of events as explained to me by senior administration officials. about 12:30 yesterday afternoon, the transportation security administration sent out faisal s shahzad name and put him on the no fly list. this is a glitch in the system. a failure. it did not term of art populate on the elm rit airlines ticket system, meaning it didn t rise up on their computer system. even though he paid in cash as you said, his ticket was from new york to debut to islam bad ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100504:23:02:00

Place him on a no fly list after they realized he bought that suv that eventually carried the bomb. and then, as the story goes, the bureau reports agents lost track of him as he was driving from connecticut to new york. even though he had been flagged, he was able to buy a one way ticket to dubai in cash and board that jet. but when customs agents saw the manifest with his agents on it and fbi and new york city pulled him off. that s where agents arrested the pakistani-born u.s. citizen who they claim tried to kill in times square. he has been and continues to be questioned by federal agents. as a result of those communications, shahzad has provided useful information to authorities. shepard: in fact, the attorney general says shahzad, who you see here, actually admitted his role in this plot. a plot that involved buying the suv, packing it with explosives, and leaving it in times square where it failed to detonate. the only thing is, shahzad ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100504:23:48:00

Confirmed earlier he was arrested in karachi for close connection for shahzad. now, he is suspected of traveling with shahzad to the city of person peshawar northwest of the country. shahzad is the son of the retired air marshal of the air force. comes from wealthy and educated family in peshawar. the question on many s minds who motivated him to plot this attack with a background such as his. shep? shepard: very interesting. sib live for us tonight inside pakistan. great anner greece over plans to try to save the country from bankruptcy. [chanting] shepard: the european debt crisis is putting american investors on edge and prompting an enormous sell off on wall street today with all the major indices falling 2% to 3%. update on the crisis and a look at the, well, bad numbers. that s coming up. if you re taking 8 extra strength tylenol a day. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100504:23:05:00

That shahzad has strong family links to karachi, pakistan. it s like a crossroads, some people describe it as assess pool for the bad guys in pakistan. a number of groups operate in the region among them muhammad. a wants to get cashmere out of india. linked to the mumbai attacks in november of 2008. finally the hakani network, independent network that operates in pakistan and significantly has very strong ties to the taliban. shep. shepard: catherine herridge way out in front of reporting throughout this investigation. thank you. shahzad is the son of a retired air force officer and wealthy pakistani family. we learned a bit about him. he is a man who one neighbor described as a little bit strange. someone who didn t like coming out during the daytime. today the fbi agents searched shahzad s home in bridgeport, connecticut an hour 15 minute drive from times square and from ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100504:23:04:00

Likelihood that he would be identified, shep. shepard: and now we re told security forces in pakistan have made arrests there. well, earlier today, fox news confirmed through pakistani intelligence sources that there had been a number of arrests. the first arrest clearly seemed to be the most significant. it was a young man, a pakistani, late 20 s, early 30 s, who had met with shahzad in the summer of 2009 in person war, pakistan. we were told at that time that they were anticipating more arrests in this case and late night we were told that as many as 10 people had been arrested. now for some context. when the pakistani intelligence services or isi do a series of arrests like, this it s usually a very broad dragnet. you should not conclude at this time there may be 10 people you ultimately implicated in this plot, shep. shepard: 10 for now. several major terror groups that we know operate around where his family lives in pakistan, right? well, that s correct. pakistani source ....

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