Detailed text transcripts for TV channel - FOXNEWS - 2010013

Detailed text transcripts for TV channel - FOXNEWS - 20100131:22:34:00

liability. >> gregg: what if the manufacturer was not negligent in make the product defect or had nothing to do with the design defect either of which resulted in the recall? >> gregg, the strict liability means they'll be paying out and get out the checkbook that and problem with toyota is they are admitting liability and saying, maybe it was the floor mat or accelerator pedal and more and more say it may have been corrosion in a throttle and they had the opportunity to replace them on all cars several years ago and decided just to do it to a few, relative few and not cars on the road, gregg and if they had knowledge, preexisting knowledge of a defect and failed 0 disclose that defect, punitive damages could kick in and i have to tell you, even theoretically it could turn into a criminal case if they acted in reckless disregard for the drivers of their cars. >> gregg: mer mercedes, you have a lot of people who allegedly died, and what if toyota knew of the defect and failed to

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