NBC Evening News for Wednesday, Aug 10, 2011
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(New York Stock Exchange: Maria Bartiromo) The bad day for the markets fueled by fears about banks in France reviewed; details given about bad debt across Europe. [Bank analyst Meredith WHITNEY- says the biggest banks are too difficult to move quickly.] [JPMorgan CEO Jamie DIMON- offers reassurance about his banks in Europe.] [Fusion IQ CEO Barry RITZHOLTZ- predicts lower stock prices.] [In Los Angeles, MAN, WOMAN, retiree Rick BRAUSCH– offer views on their options.] Gold price cited.
(Studio: Brian Williams) Live in-studio interview held with CNBC’s Andrew Ross Sorkin about the economic situation. [SORKIN – says there’s a sense that what’s happening in Europe could infect us here and there are already problems in the US; explains what is happening with Bank of America.] Program Note.
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