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Detailed text transcripts for TV channel - FOXNEWS - 20100716:13:09:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100716:13:09:00

Coming up in a moment here. meanwhile, what can you get for half a billion dollars? apparently if you're wall street's best known firm a record settlement with the government. goldman sachs will pay a $500 million fine but some are arguing goldman sachs got off easy. how's that? stuart varney, host of varney & company, what was this case about, stuart? >> this case was all about whether goldman put out an investment and said it's a good investment, but at the same time, had people that it knew were selling that investment, betting against that investment, in fact, goldman did that. that goes...

Detailed text transcripts for TV channel - CNN - 20100427:11:05:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100427:11:05:00

The bottom line is in recent weeks they have come across as self-serving, as tone deaf, as greedy, thanks to both the combination of the s.e.c. charges and the ongoing hearing. this is an ongoing series of hearings, the fourth in the series and it just so happens goldman will be testifying today. what the senators hopefully are going to try to get to the bottom of for us, what role, if any, did goldman play in the financial meltdown. we know this recession was coming regardless of whether goldman and john paulson were making side deals. how did we go from a regular recession into the worst rec...