<p>@phuriku I don’t think his UChicago salary bought the condo by itself. But he sort of leveraged his faculty reputation. The article says “He has appeared as an expert witness for the defense in several high-profile securities cases, including the trials of Enron executives Jeffrey Skilling and Ken Lay, and “junk bond king” Michael Milken.”</p>
<p>Hmmmmm… I hope he was arguing to throw the book at them, but I imagine he was an expert on their behalf and their attorneys said, “Look, this outstanding UChicago prof says you shouldn’t make me spend the rest of my life in jail.”</p>
<p>Condo in return (paid for by witness fees.)</p>
<p><a href=“Explainer for Enron”>Explainer for Enron;