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Detailed text transcripts for TV channel - CNN - 20100428:04:02:00

Fiduciary. that s being an n a conflict of interest situation. we don t i don t think our clients care, or they should care that you were betting against the security you re selling to them? they don t care? you say betting against. yeah, you re betting. you re going short against the very security. you re holding a short position against the very security. i read you over and over and over again. you re selling securities. many of which are described as crap by your own sales force internally. larry: michael moore is with us. you watched the hearings. what struck you the most? that s my senator from michigan. we re a rough bunch. what struck me the most is that these goldman guys all day long sat there hemming and hawing and essentially played the american people for chumps. that s what it felt like to me. because even when presented with the actual evidence that that with their own e-mails where they re yukking it up about how they re taking people s pension ....

Clients Care , Conflict Of Interest , Larry King S , Michael Moore , Rough Bunch , There Hemming And Hawing , E Mails , Pension Funds ,

Detailed text transcripts for TV channel - CNN - 20100428:01:02:00

Interest situation. we don t i don t think our clients care, or they should care that you were betting against the security you re selling to them? they don t care? you say betting against. yeah, you re betting. you re going short against the very security. you re holding a short position against the very security. i read you over and over and over again. you re selling securities. many of which are described as crap by your own sales force internally. larry: michael moore is with us. you watched the hearings. what struck you the most? that s my senator from michigan. we re a rough bunch. what struck me the most is that these goldman guys all day long sat there hemming and hawing and essentially played the american people for chumps. that s what it felt like to me. because even when presented with the actual evidence that that with their own e-mails where they re yukking it up about how they re taking people s pension ....

Clients Care , Larry King S , Michael Moore , Rough Bunch , There Hemming And Hawing , E Mails , Pension Funds ,