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CNN Starting Point March 18, 2013 12:02:00

And divided. we ll talk to jake tapper about that. also developing, wildfires burning in colorado to south carolina. homes destroyed. roads closed. we ll have the details coming up. and in business, a proposed bailout of cypress is taking a toll right here at home. stock futures are down this morning. are we in for a messy day on wall street? later this hour, part one of my sit-down interview with sheryl sandberg. we ll tell you why she says people need to stop brings he willing at the word feminist. it s monday, march 18. starting point begins right now. welcome, everybody. connie mack is back with us, mary bono mack, and richard blais. he wrote try this at home, which we did it. i say we because really high daughter did. but it s a wonderful book. ....

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CNN Around the World March 18, 2013 16:06:00

It s crazy. it does. one of the big stories moving markets around the world is the banking crisis brewing in europe. we re talking about cypress here. they need a bailout, not the first european country to do it, but people there are fuming because this rescue plan could cost them as much as 10% of the money they ve got in the bank. so the plan is even shaking the markets here in the united states. want to bring in richard quest out of london and alison kosik in new york. richard, start with you here. you know, cyprus, very small, small country. but people say this is really the cayman islands, if you will, of europe for investors particularly russian investors. so what does this mean? well, the actual importance of cyprus to the eurozone, it is less than half a point, tsz minuscule. however, the way they have decided to bailout cyprus is revolutionary. they have said that all people with deposits in the bank will be taxed on them. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130318:15:41:00

Without a banking sector how could they have sustained economic recovery? jenna: good point, charles. seeing note cross from the associated press. there is a teleconference happening this evening to discuss the bailout and the proposal to seize a percentage of the deposits. we ll see what happens. yeah. big question if it happens in cypress could it happen in other bigger european countries and what would that mean for tear economies. or could it happen in america one day? believe me, people are asking that question this morning. jenna: thanks, charles, as always. thanks. jon: here is a shocker out of california. look at some live pictures outside the courthouse there. waiting for lindsay lohan. she could be late herself for a very important court date today. and that could mean that the troubled actress could face serious jail time again. plus almost certain you know the names of orville and wilbur wright but what about a guy named gustav white ahead? a respected aviation jo ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130318:15:37:00

Indkigs where they will go but we will have a decision sometime between now and june. jon? jon: it will be fascinating. thanks very much. shannon bream, supreme court. reporter: you got it. jenna: tiny country with potentially a huge impact on the global markets with news of a bailout for cypress. the deal is set to be voted on tomorrow. it includes having the average citizen pay a tax on their bank deposits whether they wanted to or not. they would take that from the savings accounts. this is the first time we ve seen a eurozone bailout structured in such a way. if it passes. if it doesn t, cypress says it will grow bankrupt. right now minimal effects on our markets here at home. but the dow is trading lower. here is background on cypress. it is at the eastern end. mediterranean sea, 30 miles south of turkey. you see it on the map. it is a very small country, smaller than the state of hawaii. its population of a little more than a million people is roughly the city of dallas. its gr ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130318:14:40:00

Moving towards being europe if we don t do something about this. you look at what is going none cypress today, bill i know that is something you were talking about in the show earlier that the only option going forward you know if we don t do something about this is to do something extreme like cypress is dipping into people s bank accounts to tax them on their savings, on their deposits because the situation is so tkaoeufrplt you can look and you the road and see where we re headed if we don t deal with this. americans are tpaoeup le finally saying, maybe it s time to deal witness. bill: steven, before you finish that point i m kind of curious what can pass in the democratic senate can patti myrrh row s plan, the budget from last week, can that pass. i don t know the answer to that. i know this. bill it s going to be an excruciating vote for a lot of these fiscally-moderate democrats who are going to have a hard time explaining to their voters why they voted for a ....

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