Detailed text transcripts for TV channel - CNN - 20100427:10:22:00
Supposed to be shuffling the deck. ikb bet wrong and lost 150 million. this is the u.s. securities and exchange commission. it says goldman sachs committed fraud by letting paulison pick cards at the gambling table. >> allegations are that they sort of loaded the dice, and stacked the deck by designing a portfolio that was weaker than average. >> reporter: i.k.b. is not considered a victim in king county, washington. they bought one of investments ikb was selling and lost more than $20 million. these are king county's libraries, also victims of that losing bet. >> we did have to scale back the...