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Matt Levine's excellent Bloomberg newsletter "Money Stuff" frequently comments on this - search for the phrase "Everything is securities fraud": many reprehensi
by FabHK 8y ago
Matt Levine's excellent Bloomberg newsletter "Money Stuff" frequently comments on this - search for the phrase "Everything is securities fraud": many reprehensible things a company does are possibly not technically illegal per se (or it's hard to prove that they are), but they do constitute securities fraud, and that's easier to prove and prosecute.
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