Page 215 - Execs News Today

On the floor. for those who like watching the senate floor, theres going to be good stuff. i wonder if the democrats play it right, if they can win politically on this. >> one staffer told me, its either going to be a couple of republican votes, enough to get you over the top, or 20 or 30. it will be overwhelming. well see how it breaks now that were at the end. >> republicans are in the game now. theyve still got the power to get what they want on this consumer protection agency. if they get th...

Want to know a lot more about her but at the same time praising her many good qualifications certainly with her academic background. >> kelly odonnell on capitol hill. the tour starts officially tomorrow when elena kagan starts making those house calls. >> the gulf oil mess comes to washington today with top bp execs expected on the hill as the obama administration is proposing big changes to the federal agency that some say fell down on the job. on the storey for us is correspondent anne thomps...

Execs say regardless, knew full well what they were buying. >> highly sophisticated investors. none of my clients were individual retail investors. >> but lawmakers were not satisfied with explanations like that one. in fact, they werent satisfied about, well, just about anything goldman officials had to say today. >> if you dont want to answer my questions, you dont have to. >> you are not really answering my questions. >> you have an adverse interest to your client when you are selling to them...

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 neither conflict. >> reporter: maybe but the securities and exchange commission has filed civil charges against goldman sachs, charges the firm denies and will fight vigorously. tom foreman, cnn, washington. >> one note on the bigger picture now, while goldman execs were living down to main streets beliefs that they are crooks, republican senators v...

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And that is "the mash-up." it was the picture of the day in washington today. top execs from goldman sachs being sworn in, preparing to take a beating from lawmakers. former governor eliot spitzer will join us coming up after the break. youre the colon lady!

Lloyd blankfein, right before he went to air. stick with me, a quick portion. >> you say goldman sachs did not make the recession worse or caused the recession. thats the perception in that room or main street. >> did the best to describe the role goldman sachs played. listen, i have to -- i have to accept that as a financial institution and influential financial institution, we share some burden for the overleveraging that took place in this country. >> christina, i think that may be the most c...

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Barbara boxer yesterday questioning one of the bp execs about this very issue yesterday. >> mr. mckay, we have heard from the media there is a lot of bp video of this spill and we request to see it to look at the spill volume, because it seems we cant get a true picture but weve heard 4 million gallons. is that who you estimate weve spill sewed far? >> i think the estimate is 5,000 barrels a day for the last 20 days. so if that, doing the math, if thats right, 42 gallons per barrel. so we would ...

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