Quote:
Originally Posted by loquitur
So this isn't much of a cut and dried case, and (as legal cases usually do) this will turn on the definition of legal terms like "material."
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You're right it's not. Jon Stewart had a segment on the other night (last night?) He pointed out that most of the actions taken by Goldman Sach's in this case are not illegal at all. If what he stated is true I'm kind of shocked to find out how much BS is legal. Much seems like out and out legal robbery. It's seemed from watching and listening to him that only if Paulson's short positions were not disclosed as being short is any of this illegal.
Either that or I misunderstood the whole segment. Which given how complicated this whole thing is is completely possible.
That... Or "The Daily Show" isn't an actual news show and Jon's just being funny.
Anymore it's really hard to tell.