Well the people so far up in the chain of command clearly advised him incorrectly so that argument doesn’t hold water.
Again, if I’m risking $5+ million I FIND SOMEONE TO ADVISE ME. Dude’s a Bear Stearns trader with money to burn, you’re telling me he has no way to get ahold of the airline’s legal staff or senior management?
And also again, the reason this guy took their word for it is that he knew he was angle-shooting and thought it wouldn’t come back to bite him.
Again, if I’m risking $5+ million I FIND SOMEONE TO ADVISE ME. Dude’s a Bear Stearns trader with money to burn, you’re telling me he has no way to get ahold of the airline’s legal staff or senior management?
And also again, the reason this guy took their word for it is that he knew he was angle-shooting and thought it wouldn’t come back to bite him.