Detailed text transcripts for TV channel - FOXNEWS - 20120707:14:45:00
Bankruptcy. >> neil: what about charles' point, you don't have a choice. >> you have a choice, you can negotiate with the unions. >> neil: they're not they don't budge and they don't want to-- >> suppose they stop paying them, i don't know. there's 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 municipality is looking awesome. california municipal bontdz best performing categories in m...
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