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US bankers facing fraud excharges
credit suisse suspended the two men last year after its discovered what it said was prohibited activity and the two subsequently restigned .
'prohibited activity' lawyers for the two men have yet to comments on the charges .
the securities and exchange commission (sec) said people with no intention of buying sub-prime assets had been caught in the alleged scam .
merrill lynch, goldman sachs and creditigroup are among leading banks to have agreed to buy back $50bn wor th of auction-rate securities .
two former corredit suisse bankers have been charged with fraud for allegedly deceiving clients over the value of debt tied to sub-prime mortgages .
Generated 2008-9-6_8:46
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