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Transcripts For CNNW Erin Burnett OutFront 20120611

good evening, everyone. i m eric burnett. how much will it cost to bail out europe? $1 million. just like dr. evil in austin powers, that s not enough. $100 billion. nope. even a super villain would not ask for a number this big. the final number to bail out europe could be closer to $6 trillion. so take a deep breath. i ll get to the grand total in just a moment. days ahead of the crucial greek elections, spain asked for $125 billion to bail out its banks. and that s just the beginning because spain is only one of several european countries lining up for more money. spain, portugal, ireland, greece, already have asked for $615.5 billion. but does it add up to enough to save them and us from more economic calamity? sources tell outfront, not even close. one of our most reliable sources says that all estimates to date on how much this is going to cost have been wrong. he warns about a domino effect, most notably on france and says we re not even close to stabilizat

Transcripts For CNNW CNN Newsroom 20120111

tonight we celebrate. tomorrow we go back to work. dana bash is in manchester. christine romans is in the election center digging into who voted and why. peter ham by is in south carolina, the next stop in this grueling presidential primary. let s begin with dana there. romney s two for two. he won iowa, he won new hampshire. this victory wasn t a surprise, not to most. he was expected to win. it s the size of his win that s really grabbing attention, however. is it enough to get the party to finally rally behind him? reporter: well, fred, that s probably not going to happen immediately because as you mentioned, all of these other candidates are still in the race. effectively, look, this was no question a huge win for mitt romney. you said certainly he was expected to win here because he was governor of a neighboring state, but the size of his win in terms of the overall number, but also the kind of voter that he got, namely the conservative voters in this state. there

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