Detailed text transcripts for TV channel - FOXNEWS - 20111117:23:56:00
Italy already is over the redline percent on the bonds. the french are worried sick because french banks are holding a lot of italian and greek bonds. the germans in the end will decide they are in no mood to degrade their own currency and bail out what they see as the lazy southern europeans. >> the european central bank has to engage in the french bonds and german bonds are the same as greek bonds, which they are not. >> bret: a huge story. we have follow it every day on "special report." because it affects the u.s. economy directly. that's it for the panel. stay tuned for perhaps a new caut...