Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio while telling other investors that the securities were selected by an…

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 CDO.

And when you have compliance, are you talking about compliance with SEC and other rules and regulations, or are you talking about compliance with your own company policy?

But you were in the industry for, what, you said 18 years? I think that is what you said.

Do you believe that Goldman's actions contributed to the financial downturn we experienced in 2008?

There is a company that is based in Little Rock named Stevens, Incorporated.

Let me ask, if I may, and I am not sure which one, but I will go ahead and ask this to Mr. Broderick.

But when it comes to doing something like selling CDOs, do you see any conflict there, or do you just see that as a function of the market?

And I think this goes back to Senator Collins' question where she asked you do you have a duty to act in the best interests of your clients.

So they are disclosed? The off balance sheet is disclosed?

They never contemplated--they never worked into their models the kind of move that occurred in the market.