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Tuesday, November 27, 2007

11/26/07 - Former Pakistani banker from Rye Brook pleads not guilty to insider-trading charges



HEADLINE:




Banker Pleads Not Guilty In Insider Trading Case




QUOTE:



“We're confident we're never going to be talking sentencing in this case”




STORY:



A former Credit Suisse investment banker from Pakistan charged in a multimillion-dollar insider trading plot pleaded not guilty to a refreshed indictment Monday as his lawyer predicted a jury will find no crime ...




... the head of investment banking at Faysal Bank. Rahim remains a fugitive in the case. Prosecutors said Naseem, of Rye Brook, N.Y., gave Rahim tips while he worked in the Global Energy Group at the Manhattan offices of Credit Suisse Securities USA ...






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