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Detailed text transcripts for TV channel - FOXNEWS - 20150706:15:09:00

if portugal is worse off and spain and italy are really bad. the greeks lied to get in the euro-zone. they lied about liability and their debts and they had help from wall street derivati they used that to hide their debt. but is greece a small version of portugal, spain and italy? if it is and i cannot say it is but if it is we will feel the pain because we have bank exposure to those country's and their debt. italy is a huge country. southern commerce in italy and huge welfare state. >> you are not saying that because of your last name either? >> i have family in southern italy. it is a big welfare state and

Spain , Southern-italy , Greeks , Euro-zone , Liability , Portugal , Debt , Help , Wall-street , Debts , Version , Country