CNNW Starting Point June 22, 2012
in the country this year. it spread overseas, rumors about it all day didnt happen until after the closing bell. theres the dow, down 2%. the big bank downgrades, including the biggest banks in europe, moodys saying that anybody with a lot of exposure to the credit markets, they were going to downgrade them. the banks one by one saying they disagree with the downgrades and some of the stocks are moving up a little bit. thats the bank part of it. banks are what pumps the oxygen through ...
Source: archive.org