41. Some owners of the securities turned out not to have understood the risks of the more exotic securities. 42. Surely the risk was understood, she wrote, but nothing was done about it. 43. --That customers understand the risk of trading derivatives and the nature of their legal relationship with their brokers. 44. The bank also had to assure the Fed that its customers could understand the risks of their trades. 45. The Constitution guarantees that right as long as a defendant understands the risks. 46. The company is at the stage where it would more properly get its money from venture capitalists who understand risk. 47. The Constitution guarantees a defendant the right to represent himself as long as he understands the risks. 48. The donor also must understand the risks, including the remote possibility he or she could die. 49. The focus on lending coincides with increased concern among regulators that investors are borrowing too heavily to buy stocks and may not understand the risks inherent in the practice. 50. The issue is critical because courts have said the Sixth Amendment guarantees defendants the right to handle their own cases as long as they understand the risks. |