Quote:
Originally Posted by calvindog
When Bill wasn't suffering from painful urination (yes, he mentioned that in his request for leniency) he was shill bidding like a madman. In the 12 auctions after April of 2007 -- after he learned he was under FBI investigation -- Mastro shill bid in over 1300 lots. One can only imagine how much fraud was going on before he found out the feds were on to him. Yet he argues in his sentencing memo that his shill bidding was "statistically infrequent."
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Are his lawyers misrepresenting the facts? Is there some technical or definitional issue that explains the discrepancy between their numbers and the ones you mention? It seems hard to reconcile. 1300 lots in 12 auctions can't be less than 1 percent can it?