Detailed text transcripts for TV channel - CNN - 20110520:03

Detailed text transcripts for TV channel - CNN - 20110520:03:07:00

case, this is not a no-bail case. this is a case where he should have received bail and did receive bail today. >> jeff, last night on the program you predicted he would receive bail and resign from the imf, both of which have happened. you say you think he got lucky with this bail. >> this was a close, close question. there are judges in that courthouse who definitely would have denied him bail. start with the fact that he's not an american citizen. most american citizens, most non-american citizens who are arrested in the united states do not get out on bail. particularly those charged with serious felonies. he's very fortunate that he has the resources to put together a package with home detention. how many people in the world can afford $200,000 a month for electronic and individual monitoring? he's very lucky. and consider how long it's going to be until trial, two months, three months, maybe even longer. all those months he would have

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