But what if you buy a car with no title and its VIN scratched out from someone who hides whenever the cops come by. How liable are you for buying obviously stolen property?
>>But what if you buy a car with no title and its VIN scratched out from someone who hides whenever the cops come by. How liable are you for buying obviously stolen property?
But that’s not what happened in this case is it? MF Global made a bad bet, the valued plummeted, and Goldman (and then Soros) stepped in and *bought* the assets.
No different then you buying a stock that crashes, then you are forced to sell because you got a margin call, and I stepped in to buy it at a discount.
Lets put the blame where it belongs - MF Global and Corizine. They made the bad bet - not Soros.