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Detailed text transcripts for TV channel - FOXNEWS - 20111208:16:20:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111208:16:20:00

Jon: doesn't contribute to greenhouse gases. >> it doesn't contribute to greenhouse gases or other regulated pollutants. it is a huge jobs producer. it is something should be maintained i believe as the overall energy portfolio. jon: the black eye from fukushima not deserved? >> in this country latest poll done 62% of the american people still believe nuclear can and should be continue to be a part of our energy mix. jon: christine todd whitman, former new jersey governor and former epa head i should add. >> pleasure. jenna: we're awaiting jon corzine to testify about the 8th largest bankruptc...

Detailed text transcripts for TV channel - FOXNEWS - 20111208:16:25:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111208:16:25:00

And regulators because of the collapse and failure and bankruptcy of mf global back in the fall and he will, according to his testimony, 21 pages released by the committee this morning, he will say, quote, i simply do not know where the money is. he will also say that he was himself stunned to learn that $1.2 million of customer funds was missing from mf global when it failed and he will sincerely apologize to customers, employees and investors who are bearing the brunt of the bankruptcy. we also heard from a regulator this morning as well as a trustee in the bankruptcy filing. they are still ...

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:10:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:10:00

That money and waving happens to john corzine? he resigned from his position but there could be more. chief correspondent james rosen is here. >> reporter: good afternoon. john corzine has not yet taken the witness stand. his statement indicates he feels regret but no culpability in the country's 8th largest bankruptcy. he will testify that the plight of the customers, investors and former employees, more than a thousand of them unemployed weighs on his mind every hour of every day. to the allegation that he over leveraged the firm corzine notes that mf global actually reduced its leverage und...

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:38:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:38:00

Ahead a little bit, what happens after he testifies in front of your group? what are the consequences potentially for him? >> well, obviously everything, he's not going to take the fifth we're told. we originally had been under the impression that was going to happen so obviously he is going to be testifying under oath. he has to speak truthfully and be very careful that he does not stray from the truth. there will be follow-up. this question is the first public coming to account for mr. corzine. obviously this is an enormous fall from grace for him. you gave the introduction, governor, senato...

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:16:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20111208:17:16:00

>> reporter: rick folbaum, new big names testifying on capitol hill. we are all over it. this is one hearing room on the hill. soon we'll be hearing from john corzine the former governor much new jersey, senator from new jersey who was behind that huge bankruptcy, mf global. we will be telephonin testifying about his involvement in that. he's expected to say he has no idea what happened to all that money. that is eric holder the attorney general. he continues his testimony today in that failed disaster, the federal gun running program, fast and furious. you can see he's taking questions from m...