Detailed text transcripts for TV channel - FOXNEWS - 20100416:23:16:00
One provided you with materials that are going to explode, or, two, that i have bought insurance that the house is going to burn down. and that's essentially what the sec is saying goldman did. they sold the house to people without telling them that there was a guy who gave the materials that would blow up and that that guy had insurance against them. >> shepard: all very bad stuff if true a billion dollars here. there is a lot of politics involved and it's about timing, explain. >> the timing on this is unbelievable. first we have financial regular regulatory reform being debated next week in...