Detailed text transcripts for TV channel - MSNBC - 20100510:13:38:00
Portugal and greece may be bailed out under this plan that, it ignores the potential crisis heading -- happening in ireland and itsly. is that correct? >> yes, that's absolutely correct. i wouldn't say ignore. i'd say that they didn't deal with it yet. that's on the italian side. the irish problem i think they did interestingly enough ignore and think that ireland will not need the kinds of external financing they've put in place for portugal and spain. i don't think that's correct. the irish economy is really struggling to make adjustments not being able to move their currency makes things mu...