U.S. authorities have accused a group of former Credit Suisse Group AG traders of falsely inflating the value of mortgage-backed securities on the investment bank's books as the financial crisis began ...
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Timeline: Ex-Credit Suisse traders charged
Posted by mortgage 110 days ago (Editorial)
Ex-Credit Suisse traders admit cooking subprime books
Posted by mortgage 111 days ago (Editorial)
NEW YORK (Reuters) - In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted on Wednesday to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed securities in order to hide losses as the U.S. real estate market began to collapse in 2007. The men, London-based David Higgs, 42, and Salmaan Siddiqui, 36, of McLean .
Traders admit cooking subprime books
Posted by mortgage 111 days ago (Editorial)
Two traders admitted today to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed securities.
Ex-Credit Suisse traders plead guilty in subprime mortgage probe
Posted by mortgage 111 days ago (Editorial)
A worker in New York and a managing director in London admit they falsified the company's books to enhance their standing and boost their year-end bonuses as the housing market collapsed. Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperation agreements Wednesday in a long-running investigation into the subprime mortgage securities market that was expected to res
US to charge ex-Suisse traders
Posted by mortgage 112 days ago (Editorial)
US authorities are preparing to charge four former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said.
US to Charge ex-Suisse Traders on Subprimes: Sources
Posted by mortgage 112 days ago (Editorial)
US authorities are preparing to charge four former Credit Suisse employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said.
Reports: 4 traders to be charged over subprimes
Posted by mortgage 112 days ago (Editorial)
Federal prosecutors are expected to file charges against former Credit Suisse traders over subprime mortgage mess of 2008
U.S. to charge ex-Suisse traders on subprimes: sources
Posted by mortgage 112 days ago (Editorial)
U.S. authorities are preparing to charge four former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial ...
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