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Giving someone a bad deal isn't fraud if they willingly sign up for it and it doesn't violate securities laws. I wouldn't defend SPAC runners as good people but
by anm89 4y ago
Giving someone a bad deal isn't fraud if they willingly sign up for it and it doesn't violate securities laws. I wouldn't defend SPAC runners as good people but they aren't criminals (at least as it pertains directly to their SPACs)
- faangiq 4y agoIt gets cloudy when you’re dumping on “retail” investor’s 401k’s and every scumbag along the way is getting a cut. Actually, not so cloudy.