Ex-bond trader’s jury to decide between fraudster, ‘guinea pig’

A federal jury will determine whether a former Cantor Fitzgerald LP managing director’s tactics in trading mortgage-backed securities constitute securities fraud. David Demos “lied to his customers.

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Ex-Bond Trader’s Jury to Decide Between Fraudster, `Guinea Pig’ Ex-Bond Trader’s Jury to Decide Between Fraudster, `guinea pig’ bloomberg the Company & Its Products The Quint. Bloomberg. Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s.

Bond Fraud Jury Deadlocked at Ex-Cantor Trader Demos’s Trial. Bloomberg the Company & Its Products The Quint. Bloomberg. Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with.

Bond Fraud Jury Is Deadlocked at Ex-Cantor Trader’s Trial – Jurors mulling the fate of a former Cantor Fitzgerald LP trader charged. instructed the jury to keep trying to reach a verdict. The jury sent a note earlier wednesday asking for clarity about two.

Ex-bond trader’s jury to decide between fraudster, ‘guinea pig’. Ex-bond trader’s jury to decide between fraudster, ‘guinea pig’ Published.. Demos is one of more than a half-dozen traders who were charged with fraud in a federal crackdown on questionable practices used in bond negotiations.

December 2015 White Collar Defense and Investigations Second Circuit Overturns Fraud Conviction of Former Jefferies Bond Trader Jesse Litvak By Katya Jestin, Anouck Giovanola, and Jessica Martinez On December 8, the U.S. Court of Appeals for the Second Circuit issued an opinion reversing the conviction of

Average mortgage rates up, but won’t affect home purchase season  · What if you have a home you lived in for nine years then rented it out for seven years then moved back into it. We are coming up on two years in a few months but the builder of the home we want to buy wants it to close before our two years is up here.

NEW YORK (MarketWatch) – Jefferies Group LLC former bond trader Jesse Litvak was found guilty of fraud by a court in New Haven Connecticut on Friday, according to a report in The Wall Street Journal.

Deliberations ended Wednesday and the jury will resume its work Thursday morning. Ex-Bond Trader Jury to Pick Between Fraudster, ‘Guinea Pig’ (Updates with jury finishing for the day.) To contact the reporter on this story: Chris Dolmetsch in New York State Supreme Court in Manhattan at cdolmetsch@bloomberg.net.

Ex-bond trader’s jury to decide between fraudster, ‘guinea pig’ A federal jury is poised to determine whether a former Cantor Fitzgerald LP managing director’s tactics in trading mortgage-backed securities. Read More

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Nomura bond trader fraud trial ends in split U.S. jury verdict – A federal jury on Thursday delivered a mixed verdict for three former Nomura Holdings Inc traders accused by the U.S. Department of Justice of lying to customers about the prices of mortgage bonds.

Ginnie Mae must balance supervision with the scope of servicers’ risk The answer is Ginnie Mae works with both issuers and investors of mortgage-backed securities. Ginnie Mae does not buy or sell loans or issue mortgage-backed securities but instead guarantees that investors will receive timely payments of principal and interest on MBSs backed by federally insured FHA or VA-guaranteed loans.