How shady actually was the Santander-Goldman deal?

Sep 30, 2014

∙ Paid

With Matt Levine I share the fascination for the deal that featured in last week's This American Life and in Propublica. I also wonder why actually this deal would be shady, as the Propublica story wants us to believe. Though Matt does a fair amount of explaining, the deal involves a simple transaction, recorded by ~~two~~ one journal entry. It is a very ba…