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Detailed text transcripts for TV channel - MSNBC - 20120401:13:40:00

i don t want to say he s guilty of fraud or crime but he was someone who had a reputation at goldman as an incredibly aggressive trader. quietly socking away or making very hedged bets doesn t get you noticed. what gets you noticed is you come in and there was this idea that if you get caught doing these things that you re not supposed to do and you get fined because thee guys don t go to jail, right? we haven t seen the department of justice throw anyone in jail like bill black did. you get fined and it s seen as the cost of doing business and that s the language that they use when they refer to it at the banks. yeah, we ll get fined $2 hup billion for ripping the face off of a client. it s a wall street term in

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