'That’s What I Did' Is Traders’ Worry as Bond Trials Play Out
- Prosecutors laid out evidence of lies used in negotiations
- Federal crackdown for change in a market born in the 1980s
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It won’t go down as America’s trial of the decade, but in certain Wall Street circles it may be close.
During the past month in a federal courtroom in Hartford, Connecticut, secrets of the nation’s mortgage-bond business spilled into public view.