U.S. Attorney, Southern District of New York, November 2013: Kareem Serageldin, Credit Suisse's former head of structured credit trading, was sentenced to 30 months in prison for hiding more than $100 million in mortgage-bond losses. The only senior Wall Street banker this research found jailed over the 2008 crisis.
scheme to hide more than $100 million in losses in a mortgage-backed securities trading book at Credit Suisse
U.S. Attorney, Southern District of New York, November 2013: Kareem Serageldin, Credit Suisse's former head of structured credit trading, was sentenced to 30 months in prison for hiding more than $100 million in mortgage-bond losses. The only senior Wall Street banker this research found jailed over the 2008 crisis.