Quote:
Originally Posted by Peter_Spaeth
If I recall now, the charge was that he touted the past sale of the Wagner by Mastronet, and the price realized, without disclosing that he had trimmed it. I believe the prior sale had been years before, the one he touted. At that time, "everyone" certainly did not know it was trimmed, nor could you fairly say that it wasn't a material fact affecting the value. It seems like straight fraud, intentional failure to disclose a material fact. Sure, it's possible that charge would not have stuck, but in theory that's true of everything. It doesn't invalidate the conclusions one can draw from a guilty plea. Recall that your initial thesis was that it wasn't part of the case at all but something Mastro himself injected.
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Because his thesis is that this is not a crime, so if he concedes this actual real-world case, his argument falls apart. It is very important this not be conceded, because he totally does not commit this kind of fraud himself, it's his passion for completely unrelated reasons.