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Detailed text transcripts for TV channel - MSNBC - 20111024:09:16:00

But put all financial decisions until a second summit wednesday. germany s angela merkel muscled out fran s nicolas sarkozy over using european central bank funds to fight the crisis. instead, europe may turn to china and brazil for help propping up its teetering bond market. sharp differences remain over losses private holders of greek bonds will have to accept. meanwhile, australia s prime minister, julia gillard, a group of 20 leader said what many are thinking when she blasted european leaders today for their lack of action and resolve. wall street got a chilling forecast on friday from bank of america and merrill lynch the u.s. will likely lose its aaa credit rating from another major agency in late november or early december because congress will fail to address on a deficit-cutting plan. watch yahoo! today, the wall street journal reports google has talked to at least two private equity firms about helping to finance a deal to buy yahoo!. ....

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