Frauds or fibs? Ex-Jefferies trader's fraud case goes to jury
March 05, 2014 at 18:11 PM EST
NEW HAVEN, Conn., March 5 (Reuters) - Prosecutors said greed motivated former Jefferies Group Inc trader Jesse Litvak to defraud the government on mortgage securities, while defense lawyers said their client's "fibs" were perfectly acceptable, during closing arguments at a closely-watched trial on Wednesday.