Detailed text transcripts for TV channel - FOXNEWS - 20100427:19:30:00
Blame because they changed the laws saying let them do this and then goldman sachs is playing blackjack and 20 and 20 is a push and then the house wins on the push. >> pretty much. the thing to recognize is that it's the search for a villain. after oversimplification of the situation. by goldman betting against the housing market, it didn't make a bad loan, it didn't take a bad loan, it made the wager that the subprime mortgage mess would end badly. that's not what was as stake. the sec's narrow fraud charge against goldman might well end up turning out they can win. who knows. but i don't thi...