Who was convicted because of the global financial crisis?

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 · The US, ground zero for the financial crisis, has jailed just one banker for issues relating to the crisis. Former Credit suisse trader kareem Serageldin was sentenced to thirty months in prison for artificially inflating the price of subprime mortgages, a financial.

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Former UBS trader, Kweku Adoboli was convicted in 2012 for his role in a US$2.3 billion. And let’s not forget that the global financial crisis that ran from 2007-09 featured trillions of dollars in.

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The global financial crisis (GFC) refers to the period of extreme stress in global financial markets and banking systems between mid 2007 and early 2009. During the GFC, a downturn in the US housing market was a catalyst for a financial crisis that spread from the United States to the rest of the world through linkages in the global financial.

Sign In · Request Trial. Financial crises have been an unfortunate part of the industry since its beginnings. Bankers and financiers readily admit that in a business so large, so global and so complex, it is. people such as Keating maintain that excessive regulation was the cause of the S&L crisis, he says: “One is ideology.

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The idea that no bankers went to prison for crimes related to the financial crisis is a myth, according to the watchdog overseeing the federal.

 · > The 10 Best Movies About The Financial Crisis. The 10 Best Movies About The financial crisis. 16 April 2016 | Features, Film Lists | by Brian Brems. It’s hard to overstate the cataclysmic impact of the 2008 global financial crisis on the economy of the United States and the rest of the world.. an American investor who was convicted (like.

Lawyers for James Alex Fields Jr., 22, said in a sentencing memo submitted in court documents Friday that he should not spend his entire life in prison because of his age. 2009 in the aftermath of.