As we await U.S. District Judge Sim Lake’s decision on the re-sentencing of Jamie Olis later this week, this Economist article does an excellent job of summarizing the issues that are at play in determining the all-important market loss issue with regard to Olis re-sentencing.
I particularly enjoyed the last sentence of the article:
“If Judge Lake has been spending the summer getting up to date on economics, perhaps Mr Olis will be out of prison much sooner than he must once have feared.”