Detailed text transcripts for TV channel - MSNBC - 20110818:19:01:00
Points since the opening bell. as of now some 1r,400 points in the last month. not because of an earthquake or a plague or a war. not an act of god or the invisible hand. nothing we can't control. it's washington and it's brussels screwing up. today's market crisis is partly generated by a report from morgan stanley. the global economy is being put at risk by what they call a, quote, policy induced slowdown. that means policymakers are putting it at risk by making bad policies. which policies, precisely? here's a report. recent policy errors, especially europe's slow and insufficient response ...