Detailed text transcripts for TV channel - FOXNEWS - 20120707:14:45:00
Bankruptcy. >> neil: what about charles point, you dont have a choice. >> you have a choice, you can negotiate with the unions. >> neil: theyre not they dont budge and they dont want to-- >> suppose they stop paying them, i dont know. theres got to be he ways before you hit the bankruptcy button and stiff your bondholders. and new york city is still paying for the fact that it stiffed bondholders, he think, there were short-term notes in 76 or 77, and in terms of lower bond ratings. >> and the m...
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