Detailed text transcripts for TV channel - CNN - 20100418:19:28:00
Fraud. >> where are we in this as we know? the sec has filed charges. the sec charges are civil charges. they're not criminal charges. >> that's right. that's all sec charges are civil charges. the sec has no criminal jurisdiction. this has just come out, just came out on friday. but clearly a very big embarrassment for goldman sachs which has been saying we did nothing wrong. as a matter of fact, have a look at "businessweek" from just a couple of weeks ago. in this issue, goldman says, hey, you know, we've gotten a lot of blame for the collapse of the housing market, for the aig problems, fo...