Detailed text transcripts for TV channel - FOXNEWS - 20130402:13:08:00
Bankruptcy. so this is a state of affairs right now. so now the city says that they will have trouble making cuts as they have in the past in the pension fund. they're doing a lot of cuts in that town. they are home to nearly 300,000 residents. it is about 80 miles east of san francisco. stuart varney the anchor of "varney & company" of course and of fox business network and here almost every morning. good morning, stuart, good to have you. there is a large precedent being set here. the possibility of more bankruptcies in this country, right? >> yes. that is exactly the right word to use much ...
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