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"Only someone who has Asperger's would read a subprime mortgage bond prospectus," he said.
The bond prospectus offers an unusually detailed history of how Illinois's pension system came to be so strained.
According to its bond prospectus, Telekom also agreed not to veto most acquisitions within the cable system's own region.
Forecasts in the bond prospectus estimated that 480,000 people a year would attend events at the arena, which opened in November 2006.
It discussed them in a public meeting but the state did not put them into its bond prospectus, which was the responsibility of the state treasurer, then Phil Angelides, who also sat on the board of Calpers.
They told the regulators that San Jose had not included such warnings in its bond prospectus, and asked the regulators to look into whether the omission amounted to securities fraud.
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Stock and bond prospectuses often include a list of risks for investors to consider before they buy a security.
The church, however, had admitted in the course of the trial that one of its bond prospectuses was inaccurate and that its general ledgers were incomplete.
But these days the ranks of the foreign press include a number of people who came up reading 10-Ks and bond prospectuses and have the instinct to deploy those skills abroad.
Mr. Weprin, a former finance executive who is no stranger to bond prospectuses, thinks there was a simpler explanation: The mayor's budget aides did not clear the rebate cancellation with their legal team.
You don't have to read bond prospectuses or credit rating reports.
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