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Detailed text transcripts for TV channel - FOXNEWS - 20120811:05:27:00

Renegotiated. >> you bet. >> why has that not happened yet? >> it will happen under the guidance of chapter 9. >> in other words, bankruptcy court. but public is sector unions are saying not so fast. they point to state precedence that suggests their pensions are are untouchable. however, morris, a former judge believes that in this unprecedented crisis the courts will allow cities to it modify at least some of their contracts. meanwhile, he is dealing with the day-to-day trials of a city gone b...
State Precedence Bankruptcy Court You Bet Patrick Morris Belly Up Carryd Kari

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