Is there not a conflict when you sell something to somebody and then are determined to bet against that same security an...
How about the fact that you sold hundreds of millions of that deal after your people knew it was a (EXPLETIVE DELETED) d...
You have the responsibility to tell that client of your adverse interests.
The evidence shows that Goldman repeatedly put its own interests and profits ahead of the interests of its clients.
one of the responsibilities of an investment bank is to go out and sell deals.
And you were making pretty good profit at that time, though, weren't you?
Part of that culture.
I am glad to hear that.
And she was asking for help?
It hasn't been a pretty picture so far and I don't think it is going to improve, although, frankly, the beginning of the...
The real problem is not that the market does underweights rating quality but rather that, in some sectors it actually pe...
Was that one of the reasons that you didn't do that, Mr. McDaniel? When you didn't do that, was that shortage of resourc...
There was a message from Ms. Warner in Exhibit 87 pleading for resources.
Were you aware in 2004 to 2006 of the growing use of no doc and low doc loans?
Our investigation has found that investment banks, such as Goldman Sachs, were not market makers helping clients.
I think the market coverage issue is the more important issue.
And would you believe it should be considered differently?
And you continued to bring that up in 2007, is that correct?
