February 6, 2012

Ex-Credit Suisse CDO Head Charged in Bonus Scam Says He Helped Prosecutors

Topix SEC News
A lawyer for Kareem Serageldin, the ex-global head of Credit Suisse Group AG \’s CDO business charged in a bonus-boosting fraud tied to a $5.35 billion trading book, said his client was surprised by the U.S. indictment since he has been cooperating with investigators for four years.

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