Detailed text transcripts for TV channel - FOXNEWS - 20120820:02:39:00
>> i was your best friend for years. >> at a certain point when you can't make your financial obligation and the settlement was getting further away instead of closer to us we had no choice. >> is it a cautionary tale? >> absolutely is. you have to live within your means. >> lou dobbs from the fox nis network. lou, i interviewed insured tv he said his cap was going to be fine. if there was a lot of fault would it be like a domino effect in a worse case scenario. if it reached the con tague begun levels, hypothetical that would be the climate. >> lou as always. setting i side the implications o...