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Again, we re just listening to fabrice tourre, the trader at goldman, he s offering a wide ranging explanation of some of the things he s accused of, goldman sachs charged with fraud by the s.e.c. fabrice is the only individual. he s gotten a lot of attention because in the e-mail he referred to himself as the fabulous, with many following that story line as an example of some of the behavior and how people on wall street see themselves. let s bring in russell here with us what do you make of what we re seeing so far. obviously we re expecting more heat here but the original words of mr. tourre, this young trader in the middle of this. from his perspective he s not disingenuous at all. these are big boy investors, giant institutions. he s saying they should have known better. what s he accused of? break it down in better terms? he s accused of not telling his clients paulson & company, ....