Detailed text transcripts for TV channel - FOXNEWS - 20121027:15:16:00
It theft. the real fiction here. yes, it is true a company can go in bankruptcy and emerge. real life was gm-chrysler didn't have enough money to pay suppliers or employees, and by the time the government could have negotiated guaranteed with anybody that might step up to make a loan, those companies were out of the business. it is reality and he's showing why republicans never say i am sorry. it is ridiculous. >> steve, is rick right, that bankings were so bad shape they would have gone in bankruptcy and no one would have lent them money. >> in the fall of the 2008 there was a panic on govern...
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