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Browse: Home / 2012 / February / 02 / SEC Charges Former Credit Suisse Investment Bankers in Subprime Bond Pricing Scheme

SEC Charges Former Credit Suisse Investment Bankers in Subprime Bond Pricing Scheme

By Securities Docket on February 2, 2012, 4:10 pm

The Securities and Exchange Commission today announced a civil action against four former veteran investment bankers at Credit Suisse Group for engaging in a complex scheme to fraudulently overstate the prices of $3 billion in subprime bonds during the height of the subprime credit crisis.

via SEC Charges Former Credit Suisse Investment Bankers in Subprime Bond Pricing Scheme.–SEC Lit. Release

Posted in SEC, Top | Tagged Financial Fraud, Subprime

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