Page 3 - Chet Smith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

i'm wolf blitzer. you're in "the situation room". -- captions by vitac -- www.vitac.com we begin with breaking news on wall street. a dramatic rescue and equally dramatic reaction on wall street. the stock market skyrocketing today on new that is the federal reserve and other central banks are taking direct action to prevent a financial meltdown in the euro zone using the their resources to keep money and credit flowing amid the staggering debt crisis. it's the largest coordinated move of its kind since 2008 when similar action brought u.s. credit markets back from the brink. let's...

Bridge where two people killed by police and others wounded. unarmed civilians. there is also mention that there is at least eight federal criminal prosecutions on deck in this episode. so the coverage is really so self-absorbed, as i said they want the moment in the sun to come back and want the iwt label, "i was there." i must say that the best remark, this may sound serve self-ing on my part came from chet smith, participating in a panel discussion with two newspaper men in washington, talking about this anniversary. i wanted to cheer when he said i don't do anniversary. i do stories on wha...

>> shannon: president obama says the troop draw down in iraq means "the war is ending." he is wrapping up his vacation and preparing for a busy week, not only marking the withdrawal from iraq but the fifth anniversary of hurricane katrina. major garrett is travelling with the president in martha's vineyard. the president declared iraq a sovereign nation. what is the significance? >> sovereignty is something president bush used to find the condition iraq is in. the matter of security. but a different context that the u.s. combat forces have been removed from iraq. whatever combat oper...