Page 206 - Execs News Today

Deal. >> should goldman sachs be trying to sell the deal. >> how much of that deal did you sell. >> your top priority to sell is that deal. >> this is the same one your folks called -- [ bleep ]. >> the [ bleep ] hits the fan on capitol hill. after hearing from execs at goldman sachs, the senate cant reach a deal on financial reform. democrats will try again today. will the third time be the charm. from wall street to main street, president obama heading to missouri and illinois. is he selling t...

>> is there not a conflict when you sell something to somebody and then are determined to bet against that same security and you dont disclose that to the person youre selling it? do you see a problem? >> in the context of market making, that is not a conflict. >> reporter: maybe but the securities and exchange commission has filed civil fraud charges against goldman sachs, charges the firm denies and will fight vigorously. tom foreman, cnn, washington. >> one note on the bigger picture now, whi...

Gregg: im here in the newsroom, as we continue to watch lawmakers grilling execs from goldman sachs on capitol hill right now, a senate committee is looking at their role in the economic collapse, the wall street bank made enormous profits, betting against its own clients in the housing market. goldman sachs trading executive being sued over those transactions, telling the panel they were not designed to fail. >> i deny categorically the secs allegations, and i will defend myself in court agains...

Love. its what makes a subaru, a subaru. oh, please tell me its time. >> it is. >> i need to know. >> can we talk about it? its on another network. "modern family," abc. >> "modern family," phil griffin and i know the nbc execs will be happy about this, phil griffin gave me apple tv. >> my gosh, thats so nice. >> we watch shows we would never watch. and we stumbled across "modern family." >> ive seen that. >> that is an amazing show. the characters, every one of them. >> its a little raunchy. ...

>> and that pretty much was the message concerned residents wanting to get across hoping they could keep the black flag from opening. >> pennsylvania wherever you came from. youre not wanted here. you see the people here are backing this. >> thanks to marcus moore from knbc, our affiliate there in kansas city. goldman sachs execs on capitol hill right now. cnn "newsroom" with tony harris continues with live coverage of the hearings. you can also watch them live right now, go to cnn.com/live. w...

A.b.s analysis is right. there are a lot of democrats. in fact, who are squirrely about this. who arent excited to vote for something along party lines for legislation that no one understands. how many people do you know what is in the legislation and understand it? >> bret: again, were over 1,500 pages again. >> the bill is more complex than the healthcare bill. if you want evidence this is a political process, check the tivo for the hearings today where the goldman execs were grilled. watch se...

Its the american way. as long as people want to buy her books and see her on tv, and pay for her to make speeches at $100,000 a pop, i say go for it i dont see how, how she comes back into political life after that. i dont see how she crosses the bridge to come back to make a serious political bid. >> what stops her? what stops her? >> well, for one thing, chris, remember, she sold herself as part of the real america. you know, the working-class folks. the middle-class america. you know, she ins...

Played a big role in the sinking of the economy, one of the most respected financial firms on wall street. charges of fraud chipped away at the luster and today execs on capitol hill defending themself and their company. its an uphill battle. >> in las vegas, actually people know the odds are against them. they play anyway. on wall street, they manipulated the odds while you play the game. its -- i would say its a -- its much more dishonest because they -- its like someone was playing a slot mac...

Leader. a senate panel -- the securities and exchange commission accuses goldman sachs of fraud and contribute to get mortgage fiasco that tanked the economy. the goldman chairman and c.e.o. says of course we didnt dodge the mortgage mess, we lost money, then made more than we lost because of shorts. by that, short selling, when you a company sells an asset it doesnt own, knowing it loses money. the company buys that back and makes a profit. this a day before the goldman sachs execs appear. with...

Committee. congressman, looks like your party, the party championed by one of my heroes and i think yours, too, went up and busted the truths, cleaned it up. didnt know what hit him when he was president. why more like teddy roosevelt unless taft. >> the republicans are galg out. maybe its no surprise goldman sachs endorsed the plan, bailed out by the administration will be swamping the street in washington with their ceo and execs saying they support the legislation. why is that? president obam...