Detailed text transcripts for TV channel - MSNBC - 20100427:15:05:00
For these sophisticated financial institutions. to the average person the utility of these products may not be obvious, but they permit sophisticated institutions to customize the exposure they wish to take in order to better manage the credit and market risks of their investment holdings. mr. chairman, as you know, the securities & exchange commission recently filed a civil suit alleging that i failed to disclose to investors certain material information regarding a transaction i helped to structure nam structure. i deny categorically these allegations and i will defend myself in court agains...
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