Detailed text transcripts for TV channel - KGO - 20120911:09:44:00
>> default -- >> default has all the -- >> the pressure is off. >> reporter: in his new book, bob woodward takes you behind the closed doors. >> the stakes could not be higher. >> reporter: you talk about is as financial equivalent of the cuban missile crisis. >> it's so serious that they couldn't tell the world how bad it was at the time. >> reporter: as it begins, it is just 30 days until a possible global financial meltdown. the president calls house speaker john boehner to the white house to try to negotiate a deal that will outflank tea party opposition. as days go by a blizzard of paper ...
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