Page 10 - Timber Wolf News Today

Happened to the economy at the hands of wall streets gamblers. senator levin was questioning the former head of goldmans mortgage department and another warning, there is there is an offensive word being quoted from an internal e-mail. it is repeated when within several times of the portion of this hearing. we are not bleeping it out. we are not bleeping it out. >> before you sold them, this is what your sales team were telling to each other. boy, that timber wolf was one shitty deal. they sold ...

Quo on wall street. >> the vast disconnect between wall street and regular people best exemplified by todays hearing. 11 days after the securities and exchange commission accused goldman sachs of fraud. in a billion dollar civil lawsuit, executives testified before the senate subcommittee on ininvestigations. the topics, that alleged fraud as well as the broader economic meltdown that goldman and other firms helped to create. senator carl levin, the committee chairman, focused on goldmans obliga...

Today in washington, d.c., there was lots and lots of swearing. it was not random swearing. i dont think it was swearing in anger. it makes sense why there was swearing, but still, a ton of swearing. did you see this? >> look what your sales team was saying about timber wolf. boy, that timber wolf was one [ bleep ] deal. >> this was from the head of the division not the sales force. >> its an internal goldman document. >> this was an e-mail to me in late june. >> right after timber wolf -- no, n...

E-mail. boy, that timber wolf was one [ bleep ] deal. how much of that [ bleep ] deal did you sell to your clients after june 22, 2007? >> mr. chairman, i dont know the answer to that, but the price would have reflected levels that they wanted to invest. >> of course, but they dont know -- you didnt tell them it was a [ bleep ] deal. >> no. >> your people did internally. thats what your e-mail shows. >> how did trader fabrice tourre fa fare, the fabulous fab? >> how did it make you feel when the...

A florida tea partier and lindsay graham even acknowledges reality. >> good people are so afraid of an out of control border that they had to resort to a law that i think is unconstitutional. >> reaction from arizona congressman grialva and gene robinson asks what about individual freedom? fire storm at the goldman sachs hearing in the senate. >> look what your sales team was saying about timberwolf. boy, that timber wolf was one [ bleep ] deal. >> the amazing quotes and we will not bleep them...

Southern california just moments ago. we are on that story from the l.a. county sheriffs deputies, hunting for two inmates who escaped from a castaic jail, sometime overnight. we dont know if theyre armed, whether or not theyre dangerous, but we do know the man hunt is on right now in southern california. back to that as we get more news crossing right now. martha: then there is this shocking information. theres a travel alert from south of the border, mexicos president is now warning his people...

There was lots and lots of swearing. it was not random swearing. i dont even think it was swearing in anger. it makes sense why there was swearing, but still, a ton of swearing. did you see this? >> look what your sales team was saying about timber wolf. boy, that timber wolf was one [ bleep ] deal. they sold that [ bleep ] e-mail. >> this was from the head of the division not the sales force. >> whatever it was, its an internal goldman document. >> this was an e-mail to me in late june. >> righ...

Within the portion of this hearing. we are not bleeping it out. >> before you sold them, this is what your sales team were telling to each other. boy, that timber wolf was one shitty deal. they sold that. >> mr. chairman. >> let me tell you the context is mighty clear. june 22 is the date of this e-mail. "boy, that timber wolf was one shitty deal." how much of that shitty deal did you sell to your clients? after june 22, 2007. you didnt tell them you thought it was a shitty deal? >> i didnt say ...

Now thats all anyone is talking about still. without yesterdays goldman sachs hearing, all that cursing. nothing conveys discussed like a well-timed expletive live in real-time if you were watching the marathon on fbn yesterday you heard a lot of the time. im not talking a lot of curse words, just a lot of the same curse word. it wonder if you could guess which one. >> boy, that timber wolf was one [bleep] deal. they sold that [bleep] deal. it was one [bleep] deal. how much of that [bleep] deal ...

June 22 is the date of this e-mail. boy, that timber wolf was one [ bleep ] deal. how much of that [ bleep ] deal did you sell to your clients after june 22, 2007. >> mr. chairman, i dont know the answer to that, but the price would have reflected levels they want to ip vest. >> you didnt tell them you thought it was a [ bleep ] deal. >> i didnt say that. >> no, who did? your people. you knew it was a [ bleep ] deal and thats what your e-mail showed. >> to be a fly on the wall at c-span headquar...