Friday
May202011
You Should Have Known.
Posted By
Phil van Hest |
Friday, May 20, 2011
Phil van Hest |
Friday, May 20, 2011
What a lot of fun. My favorite part is Rosner's point about Investment Banks' sincerely hands-full-of-balls argument that people who bought their fraudulent securities "should have known." That's like a schoolyard bully trying to argue their way out of beating someone up by saying "I asked him if wanted a 'Hertz Donut.' It's not my fault he didn't know what that was."


