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Is the next stage of the global financial crisis? joining me charles gasparino and jherri willis this is only part of it. proctor gamble confirmed the trading error. explain what happened. >> at around 2:00 the market was down 250 points. then there was this trading error. when trading records occur sometimes other programs kick in and markets plunge because it is electronic. remember, the markets were down big time. take trading records out the market is down 6% in three days. there's an underlying fear. >> sean: we'll get to that in a second. you agree? >> i do automatic trading is like -- a...

The spin stops here we are looking out for you. the spin stops here we are captioned by closed captioning services, inc. . sean the dow plunged almost 1,000 points in minutes part of the reaction to the mayhem taking place in greece. that country is in the midst of a financial crisis. 11.6 billion dollars by may 19th, to cover its debt payments and is looking to its european neighbors for a bailout. earlier this around dow dropped nearly 1,000 points, 9% in 20 minutes. here you can see an accelerated timeline of that dow's fall in particular proctor and gamble, 3m and other companies subject t...

Police there and they're going after these protesters. >> that's right. a few sticks of dynamite at the police and it was a very tense situation where just waiting, waiting for something to happen and then i'm not sure what exactly it was that kicked it off. the police pushed forward with tear gas and demonstrated -- being pushed down into the side streets. thousands of people. >> they have hiked taxes there. they have cut pay there. they have upped the retirement age there. so people are really fed-up. >> the crowd broke up quickly and police say they arrested four people. and that leads dire...

Of people. it's going to -- the governor's estimating in nashville alone a cost of more than a billion dollars, statewide, a lot of suffering as well. so the story here's just really begun. >> a lot more coming up on "ac 360" that's 10:00 eastern time. and coming up, lawrence taylor, l.t., one of the biggest stars in football history, he's been in trouble with the law before, but never like this. the very latest on his shocking arrest today coming up in just a moment. but first tom foreman has tonight's "download" for us. >> hey, campbell. what a day on wall street. a massive and sudden se...

Market down like that? >> i was saying because you're in a hectic situation on a daily basis where all that pressure is on you. >> it's astonishing to me, brian, what 12 hours, 18 hours after this happened, i still cannot confirm which trader with which company. now, why not? don't you think we ought to know by now? we should know. >> ok, that's the talk on the street. but it's not confirmed. and i'll tell you why it's not been confirmed because as soon as you find out which trader in which company did it, the lawsuits will fly. avalanche! >> here's what i'm concerned about this morning. all r...