Monday, 14 January 2013

#BANKSTERS Ex-Credit Suisse banker #EXTRADITION

We suggest law enforcement might just make themselves the real heroes of the 21st Century, if they STOP investigating youth for SEEKING INFORMATION LIBERATION, and start JAILING MORE BANKSTERS!!!!!!!!  Just like these peeps; ....   HOOOOORAY!!!!!!!!!!!!!

Fry 'Em!

"January 14, 2013 3:24 pm

Ex-Credit Suisse banker faces extradition

By Jane Croft, Law Courts Correspondent

A British court has approved the extradition to the US of a former Credit Suisse banker who has been accused of inflating the value of mortgage securities during the financial crisis.

Kareem Serageldin, the former head of Credit Suisse’s structuring products group, was arrested last year by the Metropolitan Police outside the US consulate in London.

US prosecutors, who are seeking his extradition, allege that from August 2007 until February 2008, Mr Serageldin directed bankers in New York and London to manipulate prices of mortgage securities to give the false impression that their trading books were profitable.

Mr Serageldin, who lives in London, was paid a bonus of more than $1.7m in 2007 and received a $5.2m incentive award, which was later rescinded.

Westminster magistrates’ court ruled on Monday that the case would now go before Theresa May, the Home Secretary, who must make the final decision on the extradition within two months."

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