Credit Suisse extradites banker

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The ex-global head of Credit Suisse's CDO unit, who has been criminally charged in an alleged fraud tied to CDO trading book, has agreed to be extradited to the United States A U.S. citizen who lives in Britain, Kareem is the alleged mastermind behind a scheme to create dubious CDOs, inflating their values to garner huge bonuses. Prosecutors will be seeking significant jail time. Article