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620 Wildfires Burning in California; Ferry Capsizes.(Broadcast transcript)

Finance Wire

| June 22, 2008 | COPYRIGHT 2008 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Original Source: CNN SUNDAY MORNING

BETTY NGUYEN, CNN NEWS ANCHOR: Take a look, extreme weather leads to extreme firefighting. Five thousand lightning strikes sparking, get this, 602 wildfires in California.

T.J. HOLMES, CNN NEWS ANCHOR: Also, a race against time this morning. A ferry, like this one you're seeing here, has capsized, and there are over 700 people missing.

NGUYEN: And an unwelcome surprise in the Midwest. Water levels along some parts of the Mississippi are higher than expected. Several towns on flood watch this morning.

HOLMES: Also, a developing story in Saudi Arabia. We are keeping close tabs on an oil summit that could impact the price of gas here at home. But, I should probably just be honest with you. The price is not going to come down before -- you know, next year.

NGUYEN: Next century. I don't know.

HOLMES: All right, everybody. Good morning to you on this CNN SUNDAY MORNING. I'm T.J. Holmes.

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