CNN Erin Burnett OutFront July 8, 2014 23:27:00
Was it broke its defaults on its bonds. 14 million in debt. the loans were called in. the reality is the cakes may have been large but the finances were stale. >> well, i'm going to say there is no cupcake calamity. just give me a simple vanilla cupcake, with a vanilla top. magnolia makes a delicious one. save one for me. >> which one? there you are. it's on the desk in your position awaiting your return. in fact, why don't you just take them all. >> thank you, richard. i can't wait for that cupcake. out front, israel warning tonight of a massive ground assault on gaza. american embassy empl...