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CNNW World Business Today May 20, 2011 - Vimarsana News

CNNW World Business Today May 20, 2011

tepco bows out as the world's largest energy company pays a record price. and they double on their market debut. ceo jeff weiner tells us there's no trouble in the media sector. we begin with the former imf managing director, strauss-kahn, who's expected to walk out of jail in a few hours from now, but he will not be a free man. the judge granted him bail on thursday but with strict conditions and a warning. and even as the judge was approving the bail request, grand jury indicted strauss-kahn on multiple felony charges including attempted rape. he's accused of attacking a maid l...

Detailed text transcripts for TV channel - CNN - 20110520:08:14:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110520:08:14:00

Now, i want to show you the amount that's actually been knocked off the company's shared price since that particular date. take a look at this. it's a staggering 83.22%. that's equivalent to 25.5 yen or 31.5 cents every single day since march 11th. >> it certainly is an extraordinarily large number. 83%. let's show you how quickly and dramatically that stock collapse actually took place. now, what you see here is in the month before the disaster, the triple disaster, the tsunami, the earthquake, and the disaster, tepco's share price was hovering fairly steadily. around 2,100 yen. that's around...