Credit Suisse Directors Charged with Inflating Mortgage Backed Securities
Written by Administrator on February 3rd, 2012Kareem Serageldin, David Higgs, and Salmaan Siddiqui, respectively, Credit Suisse Directors, have been charged with fraudulently inflating the prices of asset-backed bonds which comprised subprime residential mortgage backed securities (“RMBS”) and commercial mortgage backed securities (“CMBS”) in Credit Suisse’s trading book in late 2007 and early 2008.
Mortgage Fraud Blog – Perp Walk
Tags: Backed, Charged, Credit, Directors, Inflating, Mortgage, Securities, Suisse
