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Quoting the Crisis
15/01/2012
“ So in essence, Verschleiser was triple-dipping. First he was selling worthless “sacks of shit” to investors, representing them as good investments. Then, he kept the money from the return sales of the wormy apples. And then, on top of that, he made money by betting against the insurers he was sticking with these toxic assets. „
(
Source:
Everything You Need to Know About Wall Street, in One Brief Tale | Matt Taibbi | Rolling Stone
)
