Charlie Geller Frauds

Decent Essays
Charlie Geller and Jamie Shipley are young investors who accidentally catalogue by Vennett. The Catalogue convinced them to involve themselves to the credit default swap. Since they lack from the capital needed to threshold for an Master Agreement, they call up the aid of retired securities trader Ben Rickert. Geller suspects the banks of committing fraud because the value of mortgage bonds and CDOs rise despite the rise in defaults. The three of them decide to go to Las Vegas to visit the Mortgage Securities Forum. They learned that the Securities of Exchange Commission has nothing to do with the monitoring of activity of mortgage-backed securities.

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