Ex-CS Structured Credit Head Sentenced For MBS Role

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Ex-CS Structured Credit Head Sentenced For MBS Role

A federal judge has sentenced Kareem Serageldin, the former global head of structured credit trading at Credit Suisse, to 2-1/2 years in prison for his role in allegedly falsifying the value of mortgage-backed securities in 2007, fined him $150,000 and ordered him to perform community service for two years following his sentence.

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