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Transcripts For FBC MONEY With Melissa Francis 20140528

If the index manageses to close in positive territory it, would be the third record close in a row and 13th of the year. Fox businesss charlie gasparino, wall street journal James Freeman and former verizon president denny strigle. Were thinking with all the money printing there will eventually be a reckoning, right now the market is rising with Economic News not all that great. Melissa absolutely. Another big blow for detroit. A City Task Force demanding 40,000 buildings being demolished and cleaned up immediately due to dire conditions. Comes with a hefty price tag, 850 million bucks. The real cost could be billions or higher. Charlie what do you think about this one . Youve been reporting on this for a while . Listen, detroit is in desperate shape. I do know wall street firms advised them to basically downsize the city and sell off chunks of it. Abandoned land or citys condemned land. There is lot of abandoned buildings. Melissa 40,000 buildings to be demolished. And miles upon mile

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