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Bilzerian Cross-Examined: Singer Co. Chairman Paul A....

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Bilzerian Cross-Examined: Singer Co. Chairman Paul A. Bilzerian admitted on the witness stand that he drew up invoices that were “misleading” and “not true” for payments he had received from the Los Angeles-based brokerage firm Jefferies & Co. But as a federal prosecutor began his cross-examination of Bilzerian, the corporate raider continued to deny government charges that the payments were part of an illegal trading arrangement under which Jefferies secretly held stock for Bilzerian.

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