Word: kimbrough
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...Business School Professor Michael D. Kimbrough questioned whether Paulson’s involvement could be considered proper business practice...
...Kimbrough suggested that some people doubt whether the buyers’ decision to enter the transaction would have been impacted by the knowledge of Paulson’s strategy to short the securities, since Paulson had not yet gained recognition for his foresight on falling housing prices...
Additionally, Kimbrough said that under current statutes, financial institutions such as IKB and ACA are expected to research their own investments...
...Kimbrough said that current securities regulations are focused on protecting individuals from investment fraud rather than protecting financial institutions...
...Kimbrough stayed at CRLS during the summer and watched workers frantically putting on finishing touches, right up until the day before school opened...