Traders at top investment bank 'covered up losses to protect their bonuses in Ł1.4 bn

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Traders at top investment bank 'covered up losses to protect their bonuses in Ł1.4 bn

21st March 2008, 03:38:AM

A top investment bank said yesterday that some of its traders had tried to protect their massive bonuses with a £1.4billion scam. Credit Suisse was forced to admit it will pay the price for the traders' ruthless scheming by sinking into the red

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Tags: bank, bonuses, credit, investment, scam, traders

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Traders at top investment bank 'covered up losses to protect their bonuses in Ł1.4 bn

Traders at top investment bank 'covered up losses to protect their bonuses in Ł1.4 bn

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