3 ms·

1) Create hand-picked collections of assets a favored investor wants to bet large sums against. 2) Sell those packages as investments to other clients, with cl

by ajg1977 17y ago

1) Create hand-picked collections of assets a favored investor wants to bet large sums against. 2) Sell those packages as investments to other clients, with clear statements that they were chosen by independent parties. Doesn't sound too difficult to prove to me.

iron_ball 17y ago
It's easy to phrase it that way, hard to prove (to a legally sufficient degree) that that phrasing is correct.
- MaysonL 17y ago
  Hard to prove beyond a reasonable doubt, maybe. But this is a civil case, and I believe the standard is merely by a preponderance of the evidence.