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The reason Kareem Serageldin went to jail was because he hid losses by mismarking the bond prices. The reason for the cause of the banks

The reason Kareem Serageldin went to jail was because he hid losses by mismarking the bond prices. The reason for the cause of the banks needing government bailout money was due to multiple things that were compiled together which were predatory lending, excessive risk-taking, toxic assets, and the housing bubble all lead to the great recession

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