Mark Pryor actually said...

"Right, but so let me ask again: Goldman sold a synthetic collateralized debt obligation without disclosing that a hedge fund manager, John Paulson, helped design the CDO and was betting against the CD..."

"Isn't it true that you are a placement agent and as a placement agent you have a duty of full disclosure?"

"I guess really the question for Goldman Sachs is, are there times in which you recognize a conflict?"

"Tell me what you mean, you are not sure."