Word: professore
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According to Law School Professor Jesse M. Fried ’86, the question at the heart of the case is whether or not hedge fund manager John Paulson’s involvement in structuring the portfolio in 2006 was “material”—that is, significant to a buyer’s decision to purchase the securities...
...School Professor Allen Ferrell noted that Paulson’s actions likely did not constitute wrongdoing, if the hedge fund was independently speculating on future market movements—which is not fraudulent behavior...
...Business School Professor Michael D. Kimbrough questioned whether Paulson’s involvement could be considered proper business practice...
Bills regulating derivative exchanges are currently under review in the House and Senate, but Business School professor David A. Moss stressed that these new regulations, had they been in place at the time, may not have prevented the alleged fraud...
Business School Professor Robin M. Greenwood said that Goldman is a “convenient target” for people who are looking for a scapegoat in the wake of the crisis...