JPMorgan `Scapegoat' Savvides Testifies in Greek Bond Probe, Plans Lawsuit

(Bloomberg) -- Former JPMorgan Chase & Co. banker
Mike Savvides told prosecutors in Athens that the U.S. bank
misled Greek lawmakers about the sale of government bonds that
pension funds bought at inflated prices.

Savvides, 36, JPMorgan's former head of derivatives
marketing for Greece and Cyprus, said the New York-based bank is
making him a ``scapegoat'' and he plans to sue for unfair
dismissal.


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