Detailed text transcripts for TV channel - MSNBC - 20100506:18:46:00
Confident greece will be okay. that's why you hear the issue of con contagion in countries like portugal and spain and concern that the same thing may happen in those places. >> i want to read something to our audience from cnbc as we see the dow is -- i can't see the number -- down 981 points. the stock selloff was accelerated amid buzz in the market european banks have halted lending. one trader according to cnbc on the condition of anonymity said he heard fixed income desks in europe shut down early because there was no liquidity. basically european banks are halting lending right now and t...
Source: news source