Political Quotes

Ted Kaufman: “Is it legal for a firm to manufacture and sell securities which it knows or is virtually certain are going to default?”

On the recordSeptember 21, 2010
Is it legal for a firm to manufacture and sell securities which it knows or is virtually certain are going to default?
Said by
Ted Kaufman
Delaware

Editor's note · Context

Kaufman questions the legality of selling securities known to be likely to default.

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