3 ms·
He deserves prison of course, but I’d raise a glass to his legend. At least he fleeced the savvy.
by dahdum 2y ago
He deserves prison of course, but I’d raise a glass to his legend. At least he fleeced the savvy.
- NotYourLawyer 2y agoFor what?
- paulddraper 2y agoFraud
- dahdum 2y agoHe definitely committed fraud, but at least it was against counterparties that were unequivocally aware of the tail risks and capable of managing them. He didn’t directly fleece retail investors like SBF, Madoff, etc..
- NotYourLawyer 2y agoMost fraud ends with getting rich. He lost his shirt. Where’s the fraud?
- pbj1968 2y agoWhich is the only reason he’s being charged with anything
- tim333 2y ago>At least he fleeced the savvy. Yeah but Credit Suisse was a 150 year old public company held in peoples retirement accounts and the like.