I'm not seeing the market manipulation unless it's some quirk of the formal definition rather than the informal meaning of the term?
I was under the impression that he had an old fashioned value play, levered up to the moon using total return swap (these do have real uses) which blew up on him.
Unless he deliberately mislead his brokers should was it illegal?
I was under the impression that he had an old fashioned value play, levered up to the moon using total return swap (these do have real uses) which blew up on him.
Unless he deliberately mislead his brokers should was it illegal?