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Detailed text transcripts for TV channel - CNN - 20100717:17:06:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100717:17:06:00

But goldman does id have the gu their head. goldman said we still don't think that we were guilty of any criminal charges here, but they thought that the legal costs of going forward with this case would have probably been more expensive than just to settle. >> and probably public relations damages, too. >> absolutely. >> does it send any kind of message to wall street the fact that the s.e.c. exacted in from goldman? >> unfortunately on wall street there's a bit of tendency to turn over the reigns of client management and trading book decisions to people who are between 25 and 35 years old an...