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Detailed text transcripts for TV channel - MSNBC - 20120524:15:30:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20120524:15:30:00

>> they are saying they did nothing illegal, certain people would look at that, and say this game is rigged. >> i don't know facebook would acknowledge that actually happened. that has been reported in a couple sources an who knows what the truth is, that is one of the facts that will be hotly litigated at trial. what is interesting the plaintiffs are suing under a section of the securities laws that permit plaintiffs to recover even without showing that facebook intentionally misled. if they can show there was a material omission or misrepresentation of facts in that registration statement, t...

Detailed text transcripts for TV channel - CNN - 20100427:15:49:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:15:49:00

Bubble. is that illegal? is it immoral? how damaging is this? >> it certainly looks fraudulent and i think that's really what the bottom line is. everyone says this is a complicated case for the sec. it really isn't, when you do something like this, you sell junk to investors and tell them it's something else, it's a material omission. you didn't say it or just plain vanilla fraud. so i really don't think this is a difficult case for the sec. >> boy, how about this next story? a good samaritan is stabbed after he went to help a robbery victim, but no one helps him. he's left to die. this story...