Detailed text transcripts for TV channel - FOXNEWS - 20100429:19:16:00
About deals in the future. that they will reveal to the seller, even though we sold this to you, we're betting against it. a judge is not involved, this is between the lawyers for the sec and the lawyers for goldman. it's done in private. we won't know about it until they tell us it's a deal. >> shepard: the digger issue is long term transparency. if you have these credit default swaps, that they be traded on an open market. now they're sort of side bets, as if you're betting with a buddy as a gambling table. >> here's the interesting thing. i'm firmly of the view that at the time goldman did ...