these are e-mails -- this is from donald sparks to donald mullen. there are some people working on timberwolf, blank has continued to work. blank sails person feels there's a decent chance, but it will be a week out as they are traveling. if we get strong bids, can't we hit them? and then the response back from don mullen to daniel sparks -- i doubt they will sell over the weekend and harvey is concerned about the representations we may be making to clients as well, how we will price assets once we sell them to clients. i think we need to sort things out before we make sales. then the next one is from harvey schwartz to daniel sparks and donald mullen -- don't think we should slow or delay discussions. however, we need to huddle quickly before hitting bids, i think. this was all in may. then the next e-mail says, from donald sparks -- sounds fine. then the next e-mail is from tom moan tag to daniel sparks and others -- of course we should, but this is how we find value by showing asset and see where bid comes. they don't look to us for guidance, the

donald mullen wrote sounds like we will make some serious money.ue michael swing son responded yes we are well positioned. the company denies betting against its own clients but one memo shows the ceo seemed okay with shorting the market. in november '07 lloyd blank fine writes of course we didn't dodge the mortgage mess and then made more than we lost because of shorts. the e-mails aren't going over well with the obama administration. >> these e-mails that are released, goad man is not going to win any popularity contests over a period that ordinary americans, pensions, houses, et cetera, were collapsing in value they were actually making significant money off of it. >> reporter: goldman as released its own e-mails to support the company's claim that it didn't know where the market was headed. one executive wrote the subprime investments he sold were like franken stein turning against the inventor. some lawmen thinks goldman deserves the chance to defend itself. >> instruments are set up on wall street. people take either side of t there are confl