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2 Jun 2008, 1:20 pm
As noted therein, Smith Barney brokers marketed these hedge funds to their best customers as low-risk, conservative funds, a municipal bond fund alternative. [read post]
12 Aug 2011, 8:27 am by Orin Kerr
The most relevant cases have rejected the probabilistic model, the brief explains (citing Knotts and Smith), while the cases that embraced the probabilistic model (such as Greenwood and Bond) are very different on their facts. [read post]