Detailed text transcripts for TV channel - CNN - 20100428:04:13:00
Against goldman sachs, accusing the firm of defrauding customers in connection with the sale of a complex mortgage investment. that's what i meant by mortgages. named in that suit is trader fabrice tourre, now on paid leave from goldman. tourre defended himself vigorously in today's senate testimony. watch. >> mr. chairman, as you know, the securities and exchange commission recently filed a civil suit alleging that i failed to disclose to investors certain material information regarding a transaction that i helped to structure named abacus '07 ac 1. i deny categorically the s.e.c.'s allegatio...