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Banking big in plea deal

Former top investment banker Kareem Serageldin, the highest-ranking executive to be charged for crimes tied to the mortgage meltdown, pleaded guilty yesterday to inflating the value of toxic mortgage assets.
As part of a deal with prosecutors, Serageldin, the ex-global head of Credit Suisse’s structured products group, pleaded guilty… …read more
Source: NY Post

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Posted by on April 15, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.