The Hudson 1.0 Fraud: The HB Coverup Rocking the ICE Market

On tonight's NBN Business Wrap...Haas-Bioroid...implicated in a massive hybrid scheme involving the multi-billion credit ICE market and the seedy underworld of financial derivatives...Feds allege that the firm's scheme was twofold...first, to market defective ICE, and then, secondly...to purchase the corresponding ICE Default Swaps in the secondary derivatives market....a market, mind you, that the famed Dr Haas created a few short years ago...HB is down sharply in Lunar market trading.