Citigroup Lowballs DoJ's $10B Ask, What Would A Trial Reveal?Mark Melin
As Citigroup Inc (NYSE:C) lowballs negotiations with the US Department of Justice, offering to pay just 40 percent on the bid to DoJ’s ask of a $10 billion dollar fine, the heat could turn up rather interesting information in a public trial.
Citigroup agreeing to settle for its role in creating fraudulent mortgage derivatives
Citibank is agreeing to settle for its role in creating what some charge as fraudulent mortgage derivatives that ultimately . . .
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