CNNW The Situation Room With Wolf Blitzer August 18, 2011
we'll begin with the breaking news, all of us with money in the stock market, we're just catching our breath and now this, another big selloff on wall street. all three major indices way down at the closing bell. the dow losing a hefty 419 points. it's the fourth biggest slide for the dow in a month of big losses. the dow has plunged 1152 points so far this august. that's a drop 9.5%. and the month isn't even over yet. let's turn to cnn's richard quest. he's following what's going on. a lot of traders on wall street, richard, they're blaming what's happening where you are in europe f...