Detailed text transcripts for TV channel - FOXNEWS - 20121226:10:35:00
Street there's not enough tra e transparen transparency. bernie madoff offering his position on the problems with wall street in a christmas eve letter he sent to the fox business network. madoff says the more trade are kept confidential the more valuable that information is. he says this lack of transparency leads to insider trading. more than 50 years in jail for scamming thousands out of 20 billion. head nothing better to do than to write the letter. >> the information is at risk of being stolen or destroyed. the state hoetdz true for confidential data at fore stun 500 companies. it uses co...