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Wall Street: Goldman Sachs / Hearings #964083

CBS Evening News for Tuesday, Apr 27, 2010
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(Studio: Katie Couric) Report introduced.

(Studio: Jonathan Karl) The Senate grilling of Goldman Sachs CEO Lloyd Blankfein featured; scenes shown from the hearings; details given from the SEC fraud case against the Goldman bank & from a 2007 e-mail. [Senators Claire McCASKILL, John ENSIGN, Carl LEVIN, Susan COLLINS - criticize Goldman Sachs.] [Managing director Michael SWENSON, former mortgage head Daniel SPARKS†, Goldman's Fabrice TOURRE, David VINIAR†- defend their business & themselves.] [Former SEC investigator Robert HEIM†- suggests what the e-mail meant.] How both sides dug in today & Goldman's insistence it did not cross the line discussed.

(Studio: Katie Couric) The rise in Goldman stocks cited. Stock Market Report & the impact of the financial crisis in Greece noted.

Reporter(s):
Couric, Katie;
Karl, Jonathan
Duration:
00:04:40

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