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Litvak Jurors Told It’s ‘Trust But Verify’ in MBS Market

Litvak Jurors Told It’s ‘Trust But Verify’ in MBS Market

January 5, 2017
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Former Jefferies LLC managing director Jesse Litvak "lied to his customers" about the prices of mortgage-backed securities, a prosecutor told jurors as the U.S tries for a second time to win a conviction that sticks.

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