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Detailed text transcripts for TV channel - FOXNEWS - 20100507:23:02:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100507:23:02:00

Of the new york stock exchange dick grasso. he told me there needs to be more safeguards especially circuit breakers that kick in to prevent stocking from plunging. >> the public deserves to know that there are going to be individual stock circuit breakers and they are not going to suddenly see as they did yesterday a stock like accenture go from $41 to 1/100th of a penny and go right back to $40. that's unacceptable. >> shepard: of course. a lot of traders made a lot of money while all of that was going on. the rest of us could only watch and wonder what in the world was going on. we have tea...

Detailed text transcripts for TV channel - FOXNEWS - 20100506:23:33:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100506:23:33:00

Officials undoing trades? >> there was this big conference call. and first the nasdaq and now the nyse. they are canceling orders which moved a stock more than 60% because of all of these erroneous trades that may have occurred. mistakes, basically. we saw a name like accenture go down to a penny. proctor and gamble. thinking moving more than 60% during 2:40 p.m. and 3:00 p.m. on the nasdaq and the new york stock exchange getting exhibited out. >> jon: unbelievable day. >> let's see what the jobs bring euro zone. are you ready? >> i'm ready nicole, fox business, thanks. the white house clearly...