Detailed text transcripts for TV channel - MSNBC - 20100426:06:45:00
Derivatives, they'll go to singapore. they probably won't. when it comes to goldman, goldman's argument is going to be we weren't smarter than everyone else in the room. we didn't get it right in 2007. in 2008 we didn't. we lost billions and weren't smarter than anybody else. which will really impact their reputation as a firm. they feel it would have been better if we failed. you wanted to go along the housing market, we didn't want to take the risk, we hedged it. our firm survived and now the country wants to punish us for (s. phillips) malaria is the number one killer of infants in africa. ...