Ex-Credit Suisse CDO Chief Surprised by Charges, Lawyer SaysPatricia Hurtado
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, was surprised by the U.S. indictment since he has been cooperating with investigators for four years, his lawyer said.
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