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Detailed text transcripts for TV channel - MSNBC - 20120517:13:06:00

vals. he ate at a spaghetti dinner, trailed by romney staffers. biden defended government in a very personal way telling a story of the tragic accident that killed his first wife in 1972 at a fire station which used a $300,000 federal grant to rehire three laid-off firefighters. i m alive because of my fire department. right after i got elected, a 29-year-old kid in the united states senate, my wife and daughter were christmas shopping, december 18th. gone through an intersection, broadsided by a tractor-trailer. my wife killed and my daughter killed. and my two sons were saved by my fire company, my fire company with the jaws of life. as biden ends his ohio swing today, the rnc is launching a counter attack with a web video using his past statements on coal, like this one from as

Transcripts For CNNW The Situation Room With Wolf Blitzer 20120517

debt problems. let s bring in our chief business correspondent ali velshi who is watching all of this. we re about to know any minute now, ali, how much the stock will go for. bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they re going to the high end of the range and they can go higher, but we re thinking about $38 and that is the price at which institutional investors will get it. that s not the price that retail investors at 9:30 who want to buy it are going to get it. it s important to understand. look at that loss on the dow. that s got nothing to do with facebook. that has more to do with what s going on in europe and the average person, greece has more to do with your economic life than facebook. there will be a whole bunch of people who will get a lot ri

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