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Such a defense may well resonate with a jury when the victim is a bank that has achieved record earnings despite the flawed investment strategy.
We show that traditional present value calculations of engineering systems do not account for system reliability, thus over-estimate a system's worth and can therefore lead to flawed investment decisions.
Prices were distorted each step of the way, from harassed S&Ls forced to make loans against their better judgment, to Fannie's and Freddie's absurd guarantees, to flawed investment bank computer models assessing risk and yield.
While the Sierra Club strongly opposed the polluter-friendly investment rules included in the deal, we took a gamble that a strong, binding environment chapter might counter the weight of the flawed investment chapter.
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Not least, he discovered that National City (the lineal ancestor of the same misbehaving Citigroup) had sold flawed investments and that its president engaged in something close to tax evasion.
Prices were distorted at each step of the way, from harassed S&Ls forced to make loans against their own better judgment, to Fannie's and Freddie's absurd guarantees, to flawed investment-bank computer models assessing risk and yield.
Just like mutual funds, ETFs are often flawed investments.
Many of us know that mutual funds are often flawed investments, but ETFs are often flawed investments too.
Mutual funds are flawed investments because they can impose a rather large hidden cost onto their investors, and mutual funds can also suffer from tax inefficiencies.
Griffin's poorly timed optimism illustrates a fundamental industry flaw: investment advisers, fund managers and investment product vendors all focus on planning for success.
The program "was fundamentally flawed from the beginning, because investment banks could opt in or out of supervision voluntarily.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com