“Mr Feldman suggests that if the net result had been a positive one (on spread betting), Mr Nissim would have claimed the bets for himself; but that because net losses were made, Mr Nissim ‘had retrospectively sought to allocate to me bets that he in fact made on his own behalf’.”
He dismissed this suggestion as “inherently unlikely”
It does seem inherently unlikely that this is "inherently" unlikely.
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