. >> okay, outrage at goman sachs, what se is new. but these shorterm-trading ids are not contrary to longer-term stock opinio issued by the rm, and so they're not ing anything wron think abt it like this. you go to vegas and spend t thousand bks gambling, you're gonna get a free room. spend a hundred bus, well, good lucwith that. don't get me wrong, there ar plenty of reass to be outraged goldman sachs. art with the ten billion the got from the government rit before reporting tir richest quartey profit in history. just don'tlame them for doing what all binesses do, providinextra services to their best clients. c theluchip ind rose t 37 points while the ndaq added ree points. to lea to learn more about the ories in tonight broadcast, to watch our streaming video and toake part in our ily blog, go to ightly business report" on pbs.org. u can also email us at nbr@pbs.org. >>usie: and finally there were 10 million victi of identity theflast year. the naon's chief banker was one of them. ben bernanke andis wife were victs of an elaborate

sachs which got $12 billi of it. >> rorter: meetings oer the second weekend of lt september here at federal reserve bank of new york had already condemned lehm brothers. just subsequent meeting on aig, goman's chief executive was the only chie bank present and treasury secretary paulson should have never ll about goldman's sensitivity to aig's te. he'd been bo of goldman when many of the aig deals we struck. >> theeo of goldman sachs was the room during these negotiations and i know this from somebody who s also in the om at the time. whereas t primary regulator of aig, none in the office o supervision in the room at the same time. >> it's the heir principle competitors who fell athe waysid their guy was ithe chair. their guy is goingo maintain so influence. yoknow thers ju a poi wheryou sort of -- you haveo art shrugging off the noons that this is some kind of conspiracy thinking. d you've got start saying, ge one plus onequals two there is a proem. >> reporter:oldman was also permitted to cvert into a mainstream bank giving access to limitless cheap fundingrom the u.s. central bank. with its mainompetitors out of the game, goman's profited handsomely. e firm recently chose to buy back the