Detailed text transcripts for TV channel - KGO - 20121108:10:45:00
Scrambling to head them off. >> but investors are not betting on it. those nerves leading to a 313-point drop yesterday. that's the biggest selloff of the year. abc's bianna golodryga has more. >> reporter: wall street woke up to the same president, but new worries. europe's debt crisis appears to be getting worse. there was rioting in greece over budget cuts and word that europe's strongest economy germany is in trouble. but quickly investors turned back to our looming problem, the road we are on to the so-called fiscal cliff at the end of the year. $650 billion of combined spending cuts and ...
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