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Court Testimony From Litvak Case: Lying Is All In A Day's Work

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Mark Melin
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Selling mortgage-backed securities, products at the center of the 2008 market crash, involved lying and misrepresentations as part of the game, according to testimony given by former customers of Jefferies & Company in a Connecticut fraud trial.

Court Testimony From Litvak Case: Lying Is All In A Day's Work

Jesse Litvak, a former Jefferies bond trader, is the only person charged in a trial where he is accused of defrauding investors of $2 million in an effort to package and distribute...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.