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Detailed text transcripts for TV channel - MSNBC - 20100427:14:08:00

Lynch, umbrellas, deutsche bank, jpmorgan, this is a huge business model in the country, this type of rampant speculation on whether you can pay your bills. why is that part of our system, which is really where we re headed in these types of hearings and this type of trial. let s talk about fabulous fab, a colorful figure. i think fabrice at this point is more likely to come out as good as he is bad in this in the sense that i don t think anybody believes fabrice alone could conjure the security he s on trial for today. the one individual name. that he s the guy. it sounds like he s got a nice ego and fun e-mails. i think fabrice a london-based bond trader. i think he has an opportunity to say, are you people crazy? i didn t do this by myself, and it was legal. that s what the real thing here is. goldman sachs and john paulson, with this security may have been ....

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