Kareem Serageldin | search
Click here to view Kareem Serageldin news from 60+ newspapers.
Bookmark or Share- The Making of a Mismarker: The Case of the Only Banker Jailed in the U ...In 2013, Kareem Serageldin pleaded guilty to conspiracy to falsify books and records of a financial institution. He was mismarking the value of securities at Credit Suisse in order to make them appear more valuable than was really the case.
- Former Credit Suisse Managing Director Sentenced In Manhattan Federal ...Preet Bharara, the United States Attorney for the Southern District of New York, announced that KAREEM SERAGELDIN, the former Managing Director/Global Head of Structured Credit in the Investment Banking Division of Credit Suisse Group (“Credit Suisse”), was sentenced today to 30 months in prison in connection with a scheme to hide more than ...
- Why Only One Top Banker Went to Jail for the Financial CrisisOn the evening of Jan. 27, Kareem Serageldin walked out of his Times Square apartment with his brother and an old Yale roommate and took off on the four-hour drive to Philipsburg, a small...
- Kareem Serageldin - WikipediaKareem Serageldin (/ ˈsɛrəɡɛldɪn /) (born in 1973) is a former executive at Credit Suisse. He is notable for being the only banker in the United States to be sentenced to jail time as a result of the financial crisis of 2007–2008, a conviction resulting from mismarking bond prices to hide losses. [1][2]
- Why Only One Top Banker Went to Jail for the Financial CrisisSerageldin lied about the value of his bank’s securities — that was a crime, of course — but other bankers behaved far worse. Serageldin’s former employer, for one, had revised its past financial statements to account for $2.7 billion that should have been reported.
More
