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Detailed text transcripts for TV channel - FOXNEWS - 20120519:10:24:30 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Goldman sachs earnings far exceeded estimates. they exceeded a profit of $3.2 billion. a 90% increase from a year ago. it earned $5.59 versus $4.01 forecast. that as the street s most powerful firm stepped up defense against fraud charges filed by s.e.c. goldman now hired president obama s former white house counsel greg craig as an adviser. now to the battle over financial regulatory reform which is expected to come to a head later this week when the senate takes up the bill and president obama comes to the doorstep of wall street to push for reform. look at this, a new gallop poll out today shows americans are about evenly divided on giving the federal government new powers to regulate large banks and financial institutions. with 46% in favor, 43% opposing. but when regulating wall street banks is mentioned, the support grows to 50% versus 36% oppose. nbc s kelly o donnell joins us ....