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CNNW Early Start June 22, 2012

the party in south beach. guaranteed it is still going on this morning. he said it s the best day of his life. i wouldn t doubt it. hi, everybody, nice to have you with us this morning. welcome to early start. it s 5:00 a.m. in the east, good morning, everybody. it may be a good morning, it may not be such a good morning, depending how you look at things. the markets are down worldwide this morning after the ratings agency moody s downgraded 15 of the world s largest banks and guess who happens to be sitting in this morning. the woman who knows everything there is to know about this. can you boil this down and let us know what it means for us? it means that your stock investments got hit yesterday and the global economy is slowing and we re seeing the ramifications of that around the world. 15 of the biggest banks in the world, including five of the largest u.s. banks were downgraded by moody s. bank of america, citigroup, goldman sachs, jpmorgan stanley. an ....

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CNNW Anderson Cooper 360 June 22, 2012

prosecution during the trial. now, he was not called to the stand. we re going to get into why in just a minute because that s of course the question everybody wants to know the answer to. first, a bit of background. he went to live with the sanduskies as a foster child. he was later adopted. he had denied ever being abused by sandusky till just this week. as the trial was going on, he apparently approached prosecutors and told them his adopted father did molest him. joining me now live with the latest, national correspondent jason carroll. also cnn con trip tributor sara gannham. why didn t he call him to testify? i think that s a good question. there s a question in term of whether or not his testimony would have been admissible. for one reason, jerry sandusky is not charged with sexually abusing his son. i can tell you this, think of this scenario. let s say, for example, jerry sandusky had taken the witness stand and had said during his testimony, i m a great fath ....

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CNNW Erin Burnett OutFront June 21, 2012

we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. there have been three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? check this out. when the financial crisis hit, the fed stepped in with an unprecedented plan to lower interest rates. it was called q.e. 1 or quant ....

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CNNW The Situation Room June 21, 2012

you re in the situation room. their voters no candidate can afford to ignore any longer. and both mitt romney and president obama are reaching out to latinos this week with speeches to a national conference being held near orlando. the president addresses the group tomorrow. mitt romney spoke today. but the presumptive republican nominee has the greater challenge. a gallop poll shows mr. obama with a strong lead among hispanic registered voters. 66% to romney s 24%. but the president s advantage all but disappears in the battleground state of florida where the conference is being held. romney s trailing there by only four points according to a university poll. cnn national political correspondent, jim acosta s on the scene for us right outside orr lan toe. jim, romney spoke about immigration today. how did it go? reporter: wolf, a senior romney advisor told me that today s speech was more about laying out broad principles than specific policy proposals. that left ....

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CNNW Erin Burnett OutFront June 21, 2012

we want more ben and we want him now. but tonight, the truth. there s not enough ben for america. more ben is bad. i m talking, of course, about this ben, fed chair ben bernanke. today he announced he ll continue so-called operation twist. the goal is to bring down interest rates. theoretically that would spark borrowing, spending and hiring. it would be a panacea to fix the whole problem. but even ben admits his supply of money is drying up. monetary policy is not a panacea, it s not going to solve our economic problems. the fed fed s drugs didn t come cheap either. there have been three rounds of fed stimulus with a total price tag of $2.7 trillion. and that doesn t include the $267 billion extension to operation twist that was announced today. so the question is, were the highs we got worth the price of $2.7 trillion? check this out. when the financial crisis hit, the fed stepped in with an unprecedented plan to lower interest rates. it was called q.e. 1 or quant ....

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