Detailed text transcripts for TV channel - MSNBC - 20111027:13:30:00
Back really of the announcement out of europe, as you said, though. over 24 hours, hard to believe the entire plan is in place. there's still a lot that needs to be done. and some big questions that still need to be asked. the banks are going to be taking what they call 50% haircuts. they'll get 50% less on those greek bonds. they are also having to recapitalize the banks. so they have to find investors to put something like $173 billion into those banks in this environment. there's a big question whof is going to do that? are governments going to do that? private investors? and then the large...
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