Detailed text transcripts for TV channel - CNN - 20100427:14:08:00
Overwhelming evidence that they did so. now why does that matter? surely, there is no law, ethical guideline or moral injunction against profit, but goldman sachs didn't just make money. it profitted by taking advantage of its clients' reasonable expectation that it would not sell products that it did not want to succeed and that there was no conflict of check interest between the firm and the customers that it had pledged to serve. those were reasonable expectations of its customers, but goldman's actions demonstrate that it often saw its clients not as valuable customers, but as objects for ...
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