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A comment on Goldman Sachs Will Pay $5B to Settle Financial-Crisis Claims. Parent comment
Maybe this topic isn't fit for "quick" refreshers. Some problems are more nuanced and complex.
>these guys sold CDOs that they knew weren't priced correctly, obfuscated the mispricing
What does that even mean?
>then profited on short positions against the securities.
What is the crime?
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Maybe this topic isn't fit for "quick" refreshers. Some problems are more nuanced and complex.
>these guys sold CDOs that they knew weren't priced correctly, obfuscated the mispricing
What does that even mean?
>then profited on short positions against the securities.
What is the crime?