Detailed text transcripts for TV channel - FOXNEWS - 20100426:19:23:00
>> shepard: it says is wants to change the laws. due hear those politicians today? yachtie, yachtie. >> the goldman sachs didn't know which way the market was going to go. no one knew in 2007 that the housing market would crash in 2008. some people bet that it would crash and made a fortunate. some bet it would not crash and they lost a a fortune. if this came out nine months later it would have been the opposite but this was sold to a german bank as sophisticated and goldman sachs and just as able to find out the credit worthiness and either chose not to or risked the money needlessly and hee...
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