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Citigroup has agreed to pay $7 billion - Page 3 - Politics, Business, Civil, History - Posted: 14th Jul, 2014 - 11:17am
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Fall of the GiantPost Date: 14th Jul, 2014 - 11:17am / Post ID: #
Citigroup - Page 3
Citigroup has agreed to pay $7 billion to the Justice Department for misdeeds associated with the sale of mortgage-backed securities tied to the 2008 financial crisis. The agreement includes a $4 billion penalty, which Attorney General Eric Holder described as the largest penalty of its kind and "Appropriate given the strength of the evidence of the wrongdoing committed by Citi." Ref. USAToday
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TOPIC: Citigroup