isn t that a pretty way to say stealing? you know, what was most striking about today s hearing, a financial firm, a big, modern financial firm, that was supposed to be operating under the strictest of controls and under regulatory supervision could spin so far out of control in the frantic final days of this firm. the executives didn t know where the money was. they couldn t keep track of it from one moment to the next, they didn t know whether they had a shortfall in customer accounts or whether the money was miscounted. one of the executives said they she held off for a day or two in alerting regulators to the could losrtfallll because she $1.6 blion and now, louis freeh, the who is in charge of trying to figure out the bankruptcy, the trustee, that he is thinking about bonussing for these very people who are in charge of this money that can t be found.
Detailed text transcripts for TV channel - FOXNEWS - 20110406:04:07:00
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Detailed text transcripts for TV channel - MSNBC - 20090708:20:16:15
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