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The ex-global chief of Credit Suisse's CDO business - Kareem Serageldin - is arrested by U.K....

  • Thursday, September 27, 2012, 7:12 AM ET
    The ex-global chief of Credit Suisse's CDO business - Kareem Serageldin - is arrested by U.K. police in London, who got to him as he was negotiating his surrender to U.S. authorities (Serageldin is a U.S. citizen). He was charged in Manhattan federal court several months ago with faking CDOs in order to boost bonuses.
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