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Home>Citi in $7 Billion Pact to Resolve Mortgage Probe -- 3rd Update

Citi in $7 Billion Pact to Resolve Mortgage Probe -- 3rd Update

3party Content

Mon, 14 Jul 2014

By Christina Rexrode and Andrew Grossman Citigroup Inc. will pay $7 billion to settle the U.S. government's accusations that it misled investors about the quality of mortgage securities it sold in the run-up to the financial crisis. According to the Justice Department, Citigroup knowingly sold
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