Milken Case News Today

So if we take that as a given, it is very difficult to see where the sec goes with this case and whether it was split -- the commission voted 3-2 go after goldman, along democratic party lines. >> isnt there a moment in time, i go back to drexel and milken where at some point somebody is playing too much of the house and the correction has to happen? isnt this a moment in time for the zeit guys, for all of us, where goldman needs the beating? in a strange way for the good, that there needs to be...

You cover whatever issue it is. hazing in college. the only difference today is you would be able to videotape it and find 5,000 people that would be able to spread it. i dont believe any of these issues are any different. >> boy, you know what? i wish i saw -- you guys are lucky. you sleep well at night. im a little more with president clinton that weve got to really look harder at what we are now as a character, as a society and how we look at things. its nice to hear from you guys. ill call i...

Welcome back to msnbc. we want to bring you the fastest three minutes in news. we go down to the wire with a lightning strike at dwi and a toy car and a strange pizza topping. are you ready? hit the clock. first up, a case concerning sexually charged text messages is now awaiting a final supreme court ruling. the decision could impact employee rights. in this case a california s.w.a.t. sergeant sued the city saying the police department violated his privacy after they uncovered inappropriate mes...

I dont blame any particular group in this case. i think government has slipped away over the past few years but i think its been more exacerbated in the present administration and thats why youre getting more people striking out. >> is it more exacerbated or i go back to the last administration, the deficit issue was the same, unemployment was climbing. is this just a function of who we are that kind of at the later stages of a great society that theres always going to be the anti-movement and i...

I assume he was probably a republican -- >> he was a democrat. >> i stand corrected. either way that is not a bit of an over reaction and thats a one in a million situation. is that what were all saying here? >> well, i just dont believe that -- youre going to get the one offs and a lot of times politics plays the game of lets look at the extreme. in this case the majority of the people are not going to over react. and i believe its really an attempt to demagogue movements like lishs whi like mi...

For that they threw the book at him. i feel like goldmans refusal to say, im sorry for what i did, is why the sec came at them so hard. what i do find interesting is goldman is defending itself. typically goldman just lays down and plays the sleeping dog and says do whatever we want because goldman feels it has such a strong case. it is just ridiculous to go against the sec because whatll happen is that unless goldman gets a jury of its peers which is made up of 800 fifth avenue which i dont thi...