ecorealist

6 ms·

1. 1.▲
   by ecorealist 10y ago

   Not sure if you realize this but Arthur Andersen "the company" was convicted, not some individual named Arthur Andersen. The discussion was about whether individuals would get prosecuted or if there are personal qualifies which a
2. 2.▲
   by ecorealist 10y ago

   Thanks for posing this article. Kareem Serageldin was certainly guilty but actually goes to strengthen my original argument -- it is rare to find Arab financiers on Wall St, it is telling that the one prosecution on the 2008 CDO disaster
3. 3.▲
   by ecorealist 10y ago

   I certainly dont know if he is guilty or not, he very well may be. My point was more that it is common practice. So common there is a widely used name for it: https://en.wikipedia.org/wiki/Spoofing_(finance)
4. 4.▲
   by ecorealist 10y ago

   Also, instead of down-voting inconvenient facts presented with examples perhaps post counter-examples. Or just continue to live in a pretend-bubble i suppose.
5. 5.▲
   by ecorealist 10y ago

   Yes, many white people have gone to prison, but it has taken enormous and egregious cases for that to happen. Usually, a brown or other disliked minority fall-person will go to jail and to quell public outrage. Consider the 2008 crisis, ye