CNN The Situation Room With Wolf Blitzer August 8, 2011
the frontline of the famine in and around somalia, exposing the horrors and how the world can help. i'm wolf blitzer and you're in "the situation room." a disastrous day on wall street. many investors' worst fears realized in the first trading session since the downgrade of america's credit rating. the dow jones industrials closed down 634 points. falling below 11,000 in one of the biggest losses on any day of all time. the dow's losing streak is s getti getting worse. it's lost almost 15% of its value. all three major indices today, way, way down. take a look at the s&p 500, a stron...