Detailed text transcripts for TV channel - FOXNEWS - 20100425:23:23:00
Red-hot. their defense we didnt make money on the mortgage mess, its now full of holes. from e-mails bragging about making a killing on the housing markets decline. in october, 07, the cfo boasted, quote, sounds like we will make some serious money. and besides that, one of the biggest guys at goldman wrote, quote, of course we didnt dodge the mortgage mess, we lost money, but made more than we lost because of shorts. now, shorting is basically pet betting an investment will lose money. the whit...
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