Detailed text transcripts for TV channel - FOXNEWS - 20100417:21:06:00
Sub prime mortgage securities to investors a couple of years ago as the housing market was collapsing, but didnt tell the buyers of those securities about a conflict of interest. specifically that one of the clients, hedge fund operator that was putting together the securities product, was also betting that the investments would fail and profited when they did, as did goldman sachs. thats according to the sec. gregg? >> gregg: and molly, president obama is pressing for financial reform legislati...
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