On Apr 17, 2010, at 10:19 PM, ken hanly wrote:
> It was Paulson and Co. the hedge fund that earned billions from
> the collapse of the CDO. Paulson also picked securities for the CDO
> for the third party that they knew would bomb and then sold the CDO
> short. You mean to say that is kosher?
Its a civil, not criminal procedure, so conspiracy is not an issue. Paulson didn't directly deceive anyone, so no civil liability. But they obviously are co-conspirators in criminal law, if the DOJ can be forced to prosecute.
Shane Mage
"Thunderbolt steers all things." Herakleitos of Ephesos, fr. 64