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tv   Nightly Business Report  PBS  December 8, 2011 4:30pm-5:00pm PST

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sorry. >> hleuív @haveno nc otre eute.eu@noc rec 2usie: from misl euroívpehlaneu summi@t be moíve hlwoeurld is@ in eunoroc 2 @noc rec 2, december 8. this is ie gharibdson.ívhleu@íu o
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"nighlibeule by:@noc rec 2noths statio : good evening and thanks óvhleu@óvhleu@noc rec @noc rec 2 m.f.óv ghlloeubal c.@ to the collapse of the susióve,hl ueune corzine said he did not kneu @dollnoarc s reinc c2ustome óvhleuóvhleu@óvarhl weuitness@n2
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defended his dúvechliseublaming the firm's c confidence.úvhleu u thnoc firersc t 2c.e.o. before congrnoc rec 2 fail former governor anúvhl more thao @is voice úve hlsteuory. rec >>c i2noc and on behalf of our customers,and our investorse firm's bankrúvhleu@noc >> reporter: corzihleu@noc rec 2 fronts.noc rec 2he pointed out k as worried aboutl risk, reducinm
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government bonds m.f. globalreed or been restúvhleu $1.2 billion missing fromavhleud on sav mhl.feu. glob@al counold@ c here theeullars @of clinoenc e mon @reconcnoilc edre tc o2 da >> reporte2 avhl eu c 2vwahly euinto r@isky inonvc e >> at picions, but we really is hard to say what happenedys t during m.f. global's last da because thousandavs hlofeu transactions in the hleuleadin@g up the books in a mess.avinhle eusaid h@e wan
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avhly understanding is bvhleuf the marketplace.bvhleu@2 >> reporter: t trustee hopes bvhlroughly 70% ou @ norly to tell for surebvhleu@ with thehington.@noc rec 2 he now heads up the securitiesbu c re@noc rec 2rec 2w@ firmno noc ou go missing>> youbvhleu @
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responsible for2 that had funds strategy of thebvhleu accl rec ybody to determinecvhleu@no 2@noc rec 2 cvhleu@cvhleu@noc r n hleuing.cv nocvhleu@noc reto the extenteu2 are going to be disappointed bee room. whcvathleu@ about corzinecvhleu about@noc rec 2c 2 he
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decision tocvhleu businesscvhlet bankrupt the shortfall customer accountdvs eu anxchange.dvhl app@noc rec 2n case thereis a . companies th@noc rec 2 european debtc 2 that eu@noc rec 2c rec 2 theeu r.dvh
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regulatory teu mfev ghlloeubalot missed. failureevevhleu@evhleu2 th going evmyhleu@noc rec is thatto@noc2 and then backu @uto b@enoc a lot to bereeinc g 2asked and
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capitol hilevl.hleu appreciatee2 he's not g to lureau.fvhl citing concfverhlnseu about@ t2 eu ifv jhluseut wafvhl tono tc his. .@noc rec 2rec 2 politics a hill to stand in the way of american consumefvhleu protected by unscrupulousfvhleu2 that a recnoc rec 2 say they would support.fvhlilefvhleu@bouu
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nofoc r reonc e europe today.gvhleuet cogvulhld@ nothc , an@d the nos&c prec 2 500 was downrec 2 gvhleu @noc rec 2c 2stre summit in brussels.gvhleugvhleu2 c 'll no 2but first as erica explains ins
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serious risk europe could so rec rience its own "lehmgvhleu no depending@ hvhlyoeuu are, i'd a lehman moment in europc 2 probably between at least on sohvhleuith credit dryingup ahvo hlnks are havihv @gettinnog c acrecec ss2 t@noc 2 the big worry is that thenk ound the globe.hvhleuere no ones anyohvu hlgeeut a se@izing noup ry storeshvhleu one has 2 credit.>> reporhvtehlr:eu fortuo hlvestors and politicians arhv @optiminostc icre ec ur2 agrnoeec merentc .2in particulw
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hv hleu @g hvthhle euoptimi@sts isno pc2 >> europe is weathere's no reasn @leu is alreivadhly euin a nohlsteu conra@dnoc rec 2 c 2uadros and others thinoc re downturn there rela derail the fiv >> theivhleu@ rapidly inivhleu@noc rec 2 @noc rec 2 be difficult fivhleu@ ecivhleu investor confidence.anorec prer erika miller, "nightly b," new u no>>c srehe's@ not wnoorc riret
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europe's financial crisis wirer. econhe's nick colas, chief mark@ hi nice to have jvyohlu euh@ control.net pr2 deal tot jvhleu@noc rec development. @ thenoc rec 2c 2 e jvhleu@noc ndjvhleuin stablize the mhlereue.@noc rec 2 tant step. >> we are aboutjv budgetjvhleu2 that
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no we arjve hlaeu lonfinishjv o@ >> today in@noc rec 2 markn thes on in askvhleu@ because wekvhleu get@tingnoc o a @orkvhleu 3%@no gdp growthhleu c rewec 2 seennoc rec 2 improvho kvthhleeu say.
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kvhleu@noc this situation imnopac ctrec 2 decisions andc s boutlvhleu@ a which islvhleu@non comes down tolv rnes and what te eumark@ their 2uyinginlvhleu@noc if we@noc r for holiday the retaillvhleulvhleu@eue@noc rec 2 >> we have to keepnoc rec 2 wat, lvtlhloeuok for@noc rec 2 of@eu.
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nogoc inreg c in2to the new >> it's a balancin2 with volume. >> stocks are cheapmvhleu@earnip extmvhl eucontin@uednoc rec @noe europe and i hope markets level. and we are cheapmvhleumvhleu@noe >> tricky times fornic@k wenoc n thno wc e rearc emvhlmvhleu@no v 2
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a little anxiety over thenv2 h wonvhleuof the european summit.g time lower. to the close.nvhleul bank was@n.
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nvhleu@noc refocus, the financi just yesterday, it was at a six losers, insurance giant hartfo@2 the stock dr e cameovhleu @ithin the rangeovhleu noc anre @noc rec 2ill makerec 2 banks and materials weighed ovhleuek.wer byov moreue than@ noc @noc rec 2rec 2 market was
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toovdahly'eus ovbihlg euenough@ to benohleu@n2 it also was enough to punoc rec@ hleu@noc rec 2eveloped and emerging mar@noc rec 2les jumpe. thatticipated.among the drpvivh@ mcdonapvhleu@noc re prices thre2 afterec 2 of the year.pvhleu pvhlan @duringno tc eu$3@0 per noshc a2 the stock fell as were down 2.5% euhleu@noc rec 2al inon c three2
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world of clo, ibm, will buywaret analyzes prices. pvhleu@le more thanqvhleu@noc re demand@noc rec 2a nickel below 2 volume jumped 20-fold.noc rec 2o eu@noc rec 2low $100, falling 22 eks.qv norope.qvhleu@raqvl hlbaeunk@noe c 2gold.d that's tonight's "mart
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c 2 qvhl c re makqvhleu@no a share.with about four billiorr rvhleu@no million.eurd's b@ig rl c re restore its dividend. watchingrv fhlor rvhleu@ balance anrv th@e univnoerc siretyc o2 decembernoc rec 2 also "mrvarhl hleu stocks in yourvhleu@rv @invenostc merentc @noc rec 2 >>2 underw game makerrvhleu@ potential investorrvhleu@noc re
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plnoayc erres c bu2t wouldn't sy soon.c 2 zyng and it's hoping toise over c remafia warshleu@noc rec 2no since google debutheenergy drilg tesvch svhleu@svhleu@ rec ag2 report showi@noc rec 2 poll nohleu@e.p.a. found benzene,svht c 2frackibecause the drilling occnoc rec 2svhleusvhls
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noc omy showtvhleu@ noc nd the great recession.@ c 2just und families wernoc rec 2 far below theal average of almou metvhleu@ familihleu@noc rec 2 earnings b@ noc a reyec 2-- and jt 13.5 eucome, earnintvhl
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rec eu@noc rerst time in 86 yea movethe company took the formuls tvhleu the world coca-cola musen uvhldoeuwntown@ atlannohleu@noc2 move, with c.e.o. muthar k@noc r our secret fault will beuvhleu@e remains hi@noc rec 2 thursday december 8. we want to remuvhleupubliction @ noc >> tom: ...support that eu @progranomsc lreikc e 2"night >> snoc rec 2ort your public televisio i'm susie gharib. good night, everuvyohlne uvu, too, tom uvhleu@noc rec m hudson. we'll see @rrow enovec nirengc s u
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hleu th@is pronoions to your pbs stathleu@noc rec 2 sponsored by media access gvvhleu@vvhleu@no2
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