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Detailed text transcripts for TV channel - CNN - 20100427:03:07:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:03:07:00

Alleged iffy investments. he's also got an e-mail trail. in one of them, he told his girlfriend this, "not feeling too guilty about this. the real purpose of my jobs is to make capital markets for efficient, so there's a real noble and ethical reason for my job. amazing how good i am in convincing myself." now joining us sunny hoffman and alexis glick who started her career at goldman sachs. welcome to both of you. alexis, you know, you've obviously been following this along and you started at goldman. you know this place. they're standing firm, they didn't do anything wrong. the way i see it,...

Detailed text transcripts for TV channel - CNN - 20100427:03:13:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:03:13:00

It was going to be a strong, healthy real estate market. that's why there were two sides to these trades. >> and it sounds like that even within goldman sachs, at least according to some of those e-mails -- >> there was an argument within goldman. >> obviously, stay tuned on this. a lot of us, as you mentioned, sunny, going to be paying attention to what blankfein has to say tomorrow, and we want to know from you as well at home, what you think. we've got the live chat up and running at ac360.com. up next, though, tornadoes, a string of them across the south. >> oh, my god! wow! wow! wow! ho...

Detailed text transcripts for TV channel - CNN - 20100427:03:11:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:03:11:00

Quality and had internal discussions about it, they tried to unwind what piece of the transaction they still owned in some of these entities, and there are e-mails and suggestions that employees were kind of applauded if they were able to get it off their books. now, the bottom line is, every single day, an investment bank has to sometimes take transactions that they don't want to have on their books. the question is, was some of that misleading? but let's not forget, the credit rating agencies should be held accountable and the smoking gun of those e-mails is incredible. >> you know, sunny, i...