#fraud-allegation

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1 day ago

Top investment bank CEO says he was 'defrauded' by the bankruptcy that's rattling Wall Street. Famous shortseller sees an Enron moment | Fortune

Jefferies reports it was "defrauded" in First Brands Group's bankruptcy; its exposure is now said to be about $45 million, while market turmoil and warnings from Jim Chanos raise contagion concerns.
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