Articles Tagged with ''Conviction''

Feds drop case against bond trader Jesse Litvak

5-year battle reaches an end
For bond trader Jesse Litvak, the past five years have been a whirlwind of court cases and even jail time for his role in the financial crisis. Now, however, the federal government announced it is dropping its case against Litvak after two different convictions of fraud were overturned in the federal appeals court.
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The Fed, QE3 and housing

The announcement by the Federal Open Market Committee that the central bank would initiate additional, open-ended purchases of residential mortgage-backed securities caused the bond market to...
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