CBS Evening News for Wednesday, Nov 09, 2011
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(London: Mark Phillips) The promise by Italian Prime Minister Silvio Berlusconi to quit over the debt crisis in Italy that cannot be bailed out and the debt crisis in Greece examined; details given about Berlusconi. [LUISS University professor Roberto D'ALIMONTE- says we have a credibility issue.]
(Studio: Scott Pelley) Report introduced.
(NYSE: Elaine Quijano) The drop in the stock market in response to the Italian debt crisis that could force Europe into a recession examined; details given about loans to Italy by major American banks. [Barclays Capital Piero GHEZZI- comments on how the US will be affected.] [PIMCO bond fund Bill GROSS - comments on what could happen to the US economy due to problematic growth in Europe.]
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