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Friday
May202011

You Should Have Known.

 

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."

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