Detailed text transcripts for TV channel - FOXNEWS - 20110810:22:02:00
Bret, having to do with the united states or any problems here in washington, d.c. it was that people were wondering and there were rumors out there that french franks, we're talking about banks like societe generale, and the big french banks they would have to shoulder any problems because they have a lot of exposure to debt of other countries that are in trouble. such as greece, spain, or italy. those banks came out immediately and said we're fine, we can meet all of our obligations but the damage was already done. immediately you saw gyrations here in the united states. why? because it hark...
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