Detailed text transcripts for TV channel - MSNBC - 20140416:02:49:00
Was because many students weren't wearing life jackets and waiting to be rescued right after the ship was submerged. an hour and a half ago a distress signal from the ship, an announcement for all passengers on board to jump into the sea. the president ordered the navy and all members of the coast guard to join a rescue effort. since the submerged ship started sinking. students and teachers are okay. crew members and other people on board have not been accounted for yet. rels cue rescue operations are under way. >> thank you, cnbc's june yun. >> just this can depend on your job and bank accoun...