This is a partial transcript of "The Big Story With John Gibson," February 26, 2007, that has been edited for clarity.

JOHN GIBSON, HOST: In big entertainment news, Britney's first husband is speaking out. Britney Spears’ childhood sweetheart and has been for a day, Jason Alexander, he's revealing all about his ex's scary behavior. In an interview with "London Sunday Telegraph" this weekend, Alexander talks about the pop star's long time diet of ecstasy, cocaine and wild sex. Even claims he saved her from a near fatal overdose. Alexander says he's afraid for Britney and doesn't want to see her end up like Anna Nicole Smith. But, is Alexander really trying to help Britney by going public or is he taking advantage of the star's meltdown to make a few bucks? With me now is Star magazine editor-at-large Jill Dobson. You don't like the guy, do you?

JILL DOBSON, STAR MAGAZINE: I'm angry with Jason Alexander right now and it's clearly to make a few bucks, if not from the London newspaper, then from a tell all book which he and I were guests together on a show talking about celebrity relationships. He was talking about his relationship with Britney and I was the expert of course from Star magazine. And he said he's doing his own tell all book about his relationship with Britney. And I talked to him personally about it after the taping. So he's just trying to get his name out there again, make us all remember that there is another Jason Alexander, not just the guy from "Seinfeld."

GIBSON: This is what he said, let's put it on the screen. This is Jason Alexander, the short time husband of Britney Spears. He said: "We used ecstasy at night to party and cocaine during the day to stay awake. Then we would take downers like Valium or Vicodin to come down and rest. She definitely had a problem with drugs when we were together and that was three years ago." Well, it sounds familiar Jill.

DOBSON: Oh it does. I mean this is the kind of thing we have been hearing about Britney and no one's ever said exactly what she's in rehab for. And he seems to be answering the question that it's a mix of prescription and illegal drugs. But on the other hand, he says he's coming forward because he does not want her to end up like Anna Nicole, presumably dead, possibly because of drugs. And yet he also says in that interview, all sorts of things about sexual behavior, different incidences that they shared in the bedroom. And I don't think that's going to help Britney. So if he wants to just admit he's trying to make a buck off her, fine. But it's a very explosive interview and it's not the kind of friend you need.

GIBSON: By the way, did you notice the new baldy at the Oscars last night? We made a side by side of bald Jack and bald Britney.

DOBSON: Yeah, Jack is sporting the Britney look. And he says it's for a movie role, he's in a movie with Morgan Freeman and they portray cancer patients out for one last fling. But I think he was inspired by Britney. I think this is a new trend.

GIBSON: Take a look at our question here, Brit's long drug history, unfit mom or give her an umpteenth chance?

DOBSON: Well, my answer is get her to stay in rehab and to get the help she needs. We have reports that Kevin Federline's been visiting her in rehab and has taken the kids there. And I think he wants to see her healthy and that's what all of us want too.

GIBSON: Isn't it a shocker that she ended up in rehab and not Federline?

DOBSON: It is and no one can believe, you know when she filed for divorce November 7th, everyone thought, oh, Britney's finally getting rid of this guy that's been dragging her down for two years. And it turns out maybe she was the one dragging him down, because he's doing well and she's hit rock bottom.

GIBSON: Well you know this is an interesting thing about. I mean Britney, as we've seen her speak a few times, she's kind of a country girl, simple girl. Is it possible she was believing the press reports that he was bad for her and she went for it because that's what the press said?

DOBSON: I don't think it helped their marriage. I mean she definitely seemed broken up over all of the negative press he was getting when she did that infamous Matt Lauer interview and said, y’all, he's a good guy really, I love my husband. So I think it probably didn't help matters, but she should know him better than the press.

GIBSON: All right. Star magazine editor-at-large, Jill Dobson. Jill, as always, thank you.

DOBSON: Thank you.

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