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>As a quick refresher Maybe this topic isn't fit for "quick" refreshers. Some problems are more nuanced and complex. >these guys sold CDOs that they knew wer
by forgetsusername 11y ago
>As a quick refresher
Maybe this topic isn't fit for "quick" refreshers. Some problems are more nuanced and complex.
>these guys sold CDOs that they knew weren't priced correctly, obfuscated the mispricing
What does that even mean?
>then profited on short positions against the securities.
What is the crime?