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Detailed text transcripts for TV channel - CNN - 20100228:20:57:00

Come across. i found whenever i met him to be quite intimidate. the depth and wide range of his understanding of it. as ali rightly says, the man just is he s vehement when he realizes that the industry that he s spent so long in has caused so much damage. and that that doesn t i think where, if anything, because of his talk, because he does very forensic in the way he destroys your questions and because of that, he s not warm and fuzzy. he is not you don t think of uncle tim. warm and fuzzy before the camera goes on. he will let new and show what his personality is. he s just like everybody else and he s very patriotic. he s cave. he is careful because he knows that anything he said is very, very important for the economy and you know, administration, too. he s a careful technocrat, ....

Bernie Madoff , Ali Velshi , Doesn T , Camera Goes On , Uncle Tim , Seay The American ,

Detailed text transcripts for TV channel - CNN - 20100228:20:37:00

Half or two telling about how europe is sore with america. tell me again, richard, why greece is not lehman brothers or something else? explain this to me again? don t try to get clever on this one, ali. the reality is that greece is a small part of the european union economy. but the contagion effect could be greater. now, the european central bank, the big economies of europe like france, germany, the uk, spain, even non-euro countries with easily withstand that, but the fear is nobody knows just how far those deficits will be and whether or not as they bring them down, of course, the economy goes further into the tank. just shows you, you can t make this stuff up. it just gets more interesting you think you dodge one bullet and you see another one coming down the pike. let me talk about this quickly, the toyota story this week. ....

Richard Quest , Lehman Brothers , Something Else , Republicans Don T , Ali Velshi , European Central Bank , Contagion Effect , European Union , Seay The American ,

Detailed text transcripts for TV channel - CNN - 20100228:20:01:00

To be in full effect, wall street. bonuses up 17% in 2009. it may be a recovery, ali, but as you can see, it s a very fragile one at best. that s right, christine. that brings us to the heart of the matter, which still remains jobs. obviously, if we had better employment positions, people would feel better about the economy. take a look at this map. it provides a shocking visual of how unemployment has spread like a virus throughout the country. this was provided to us by la to toya, she put this together as a graduate student. as the map gets darker, that means unemployment is worse than it was the previous month. you ve seen this develop over the last couple of years. unemployment in those particular darkened areas at 10% or higher. that s the political reality that s facing so many in washington and so many of us at home, trying to make sense of the statistical recovery, as larry summers, one of the presidents of money man put it, but the human recession we re still going throug ....

Ali Velshi , Wall Street , Seay The American , Employment Positions , La To Toya , Graduate Student , Human Recession , At Home , Money Man Put It , Larry Summers ,

Detailed text transcripts for TV channel - CNN - 20100228:20:58:00

You could say. i think he is more than a technocrat. i think he goes one stage further but i once asked him a question about would he perceive to do something if the opposition didn t get out the way. he looked at me and said in that sharp new england way, perspective. that was it. one of the things he says, i heard him say this, it is not what you believe in the end, it is what you achieve. which is interesting, don t you think? yeah. i don t think that s correct. i think it is all about what you believe in and you have to be aifl able to achieve what you believe. that s what america looks for in leaders. they look for someone that has a belief and a vision and then achieve. he s one of the most reserved treasury secretaries we had in a long time. the treasury secretary that led us through difficult times and if you look back at benson, a very powerful person, very strong leader. he instilled confidence and he instilled the belief that things were getting done and hay would fi ....

Opposition Didn T , The End , Dont You , New England , Treasury Secretary , Seay The American , Bob Rhine ,

Detailed text transcripts for TV channel - CNN - 20100228:20:23:00

Still. it s tied to the jobs issue in two ways. number one, we re getting increasing evidence that many of the small businesses that aren t hiring at this point aren t hiring because they borrow against the owner s home in order to finance themselves and they can t do it in this environment. the second thing we ve learned, the you ve got a house that s under water, you can t pick up and go find a new job. and traditionally that mobility, the chance to go to a new place have been part of the recovery. both of those things are being handicapped by the housing market. and that mobility thing really bothers me. that s been a defining characteristic of this american economy. people get up and move and try something new. and when they have a good opportunity, they take it. quickly, doug, how do you know if you re that first-time home buyer and you want to sign a deal by april 30th, how do you know that for example, in miami, there s a forecast that prices could go down by another 26% by ....

Aren T , Point Aren T , Number One , Housing Market , Seay The American , Mobility Thing , Home Buyer , April 30th ,