| 00:00:28 |
Dawson, Stella - U.S. Specialist Editor
DIFFICULTIES FOR ABOUT 10 YEARS IN MEETING ITS DEBT OBLIGATIONS. -- GREECE HAS HAD DIFFICULTIES FOR ABOUT TWO YEARS IN MEETING ITS DEBT OBLIGATIONS....
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| 00:02:38 |
Casey, Libby - Guest Host
EUROPEAN LEADERS NEED TO QUIET THE VOICES THREATENING TO TIP THE REGION BACK INTO RECESSION. THAT IS WHAT THE INTERNATIONAL MONETARY FUND WARNED ON TUESDAY....
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| 00:03:07 |
Dawson, Stella - U.S. Specialist Editor
SAYING THIS WEEK THAT WE ARE IN THE VICIOUS CYCLE AND HAVE ENTERED A DANGEROUS NEW PHASE. WHEN YOU HAVE WEAK GROWTH AND THEN START TO CONTRACT TO A GOVERNMENT...
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| 00:05:03 |
Casey, Libby - Guest Host
DAWSON IS THE ECONOMICS EDITOR WITH REUTERS. WE'RE LOOKING AT THE EUROPEAN DEBT CRISIS IMPACT ON THE U.S. ECONOMY. WE HAVE NUMBERS FOR YOU TO CALL. LET'S...
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| 00:05:28 |
CALLER, -
LOOK REALLY LOVELY TODAY. I HAPPEN TO BE A SUPER EXPERT IN BANK ACCOUNTING FROM THE GRADUATE SCHOOL OF BUSINESS. GREECE HAS MADE THE $200 BILLION. ...
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| 00:07:37 |
Dawson, Stella - U.S. Specialist Editor
I THINK HE MADE AN EXTREMELY IMPORTANT POINT. IT IS FEEDING ON ITSELF IN THIS VICIOUS CYCLE. THE POINT IS EXTREMELY IMPORTANT. ONE OF THE REASONS THIS...
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| 00:10:02 |
Casey, Libby - Guest Host
BANK HAD MEETINGS IN WASHINGTON THIS PAST WEEK. "THE NEW YORK TIMES)" TALKS ABOUT THE NEW IMF CHIEF SEEKING A COMMON EUROPEAN BUSINESS. -- VISION. SOME...
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| 00:10:45 |
Dawson, Stella - U.S. Specialist Editor
SHE PLAYED A VERY IMPORTANT ROLE IN SAYING THAT THIS IS UP TO THE EUROPEAN POLITICIANS TO RECOGNIZE THE EXTENT OF THEIR PROBLEM. THEY HAVE TO DEMONSTRATE...
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| 00:12:28 |
Casey, Libby - Guest Host
CALLER ON THE LINE FROM WHALES IN THE UNITED KINGDOM. CALLER: 5 WOULD
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| 00:12:39 |
CALLER, -
LIKE TO ASK CAN MAKE A COMMENT TO STELLA DAWSON. IN RELATION TO THE UNITED STATES DEFICIT CEILING, BY THE TIME HE FINISHES OFFICE, WE'RE LOOKING AT A...
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| 00:13:55 |
Dawson, Stella - U.S. Specialist Editor
A NUMBER OF INTERESTING POINTS WITH THAT QUESTION. LET'S LOOK AT THE U.S. DEFICIT. IT IS LARGE. IT IS GROWING. THERE ARE SIGNIFICANT POLITICAL PROBLEMS...
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| 00:17:39 |
Casey, Libby - Guest Host
NEWS CONFERENCE ON THURSDAY AHEAD OF THE WORLD BANK MEETING. >>
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| 00:17:44 |
Unidentified Speaker, -
THE CURRENT ECONOMIC SITUATION IS ENTERING A DANGEROUS PHASE. THERE IS A SITUATION WHERE THE GROWTH HAS SLOWED DOWN. YOU WILL SEE THAT WE HAVE REDUCED...
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| 00:18:58 |
Casey, Libby - Guest Host
IMF MANAGING DIRECTOR SPEAKING ON THURSDAY. STELLA DAWSON IS OUR GUEST. DID SHE SAY ANYTHING SURPRISING QUESTIO? GUEST: I THINK IT
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| 00:19:13 |
Dawson, Stella - U.S. Specialist Editor
WAS EXPECTED THE IMF WOULD LOWER ITS GROWTH FORECAST. WE HAD SEEN A SLOWING IN THE UNITED STATES AND GLOBALLY. THAT ACCELERATED WHEN THE ROW OVER THE...
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| 00:21:55 |
Casey, Libby - Guest Host
PEG ON THE DEMOCRATS' LINE FROM ARIZONA. CALLER: I
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| 00:22:01 |
CALLER, -
AM AN AVERAGE U.S. CITIZEN AND NOT VERY KNOWLEDGEABLE ABOUT INTERNATIONAL ECONOMICS. SHE BRIEFLY TOUCHED ON IT BEFORE WITH YOUR. I HAVE SEEN A FEW THINGS...
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| 00:23:05 |
Dawson, Stella - U.S. Specialist Editor
THE BASIC FEAR DRIVING MARKETS DOWNWARD AT THE MOMENT. IF ITALY OR SPAIN WERE TO FAIL, YOU TALK ABOUT 2.3 TRILLION EUROS. THAT IS A LOT OF MONEY. ITALY...
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| 00:27:56 |
Casey, Libby - Guest Host
OF REUTERS, YOU HAVE SERVED AS A GLOBAL EDITOR FOR ECONOMICS WITH REUTERS. YOU SERVED IN A CENTRAL BANK AND ALSO IN AN EQUITIES CORRESPONDED. SOME HEADLINES...
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| 00:29:21 |
Dawson, Stella - U.S. Specialist Editor
DOES NOT LIKE TO BE LECTURED TO. THE UNITED STATES DOES NOT LIKE IT EITHER. HE HAD GONE TO POLAND AND THAT THEY WERE SAYING, HE HAS PROBLEMS BACK HOME,...
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| 00:31:49 |
Casey, Libby - Guest Host
TAKING A CALL FROM ENGLAND. DO WE STILL HAVE YOU, GRAHAM? CALLER: I TAKE ISSUE WITH
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| 00:31:59 |
CALLER, -
WHAT YOU SAY WHEN YOU SAY THAT THE GREEK DEBT CRISIS STARTED IN 2007. I WOULD ARGUE IT STODDARD WHEN THE TRACK MUST -- IT STARTED WINNING CRACHWHEN...
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| 00:32:45 |
Dawson, Stella - U.S. Specialist Editor
ARE SOME RIGHT. THERE HAVE BEEN SOME NASTY REVELATIONS ABOUT THE MEASURES THE GREAT TOE -- GREECE TOOK TO ENTER THE EUROZONE. AROUND 1985, IT WAS NOT...
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| 00:35:47 |
Casey, Libby - Guest Host
PROFILE OF A FAMILY THAT DOES NOT WANT TO PAY SOME OF THE PROPERTY TAX AS PART OF THE PACKAGE. THEY ARE PLANNING NOT TO PAY THEM, ONE FAMILY IN PARTICULAR....
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| 00:36:20 |
Dawson, Stella - U.S. Specialist Editor
GUEST: THE MILLION-DOLLAR QUESTION. GREECE DEFAULT -- IT MAY WELL THE FALL. THERE IS A 98% CHANCE IN THE MARKETS THAT IT WILL. ONE BANKER SAID, JUST...
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| 00:38:21 |
Casey, Libby - Guest Host
THAT NOT THIS RIGHT STRATEGY? GUEST: THE EUROZONE
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| 00:38:27 |
Dawson, Stella - U.S. Specialist Editor
ITSELF, AND YOU CAN INCREASE OUT? IN THE FORMULATION OF THE HERO, THEY WENT TO MONETARY UNION WITHOUT PHYSICAL UNION, WHERE YOU CAN TRANSFER MONEY EASILY,...
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| 00:41:27 |
Casey, Libby - Guest Host
THANK YOU FOR BEING HERE THIS MORNING. COMING UP NEXT, WE'LL TALK ABOUT WAYS TO PROTECT YOUR PENSION WITH RICK RODGERS THERE YOU CAN GET UPDATES ABOUT...
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| 00:42:00 |
Unidentified Speaker, -
MORE NEWS AT NOON EASTERN WHEN C-SPAN RADIO CAREERIST FIVE TV TALK SHOWS. TOPICS ON THE PROGRAMS INCLUDE A POSSIBLE GOVERNMENT SHUTDOWN, PRESIDENTIAL...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.