Citigroup May Pay $7B to Settle Mortgage Bond Probe

Citigroup May Pay $7B to Settle Mortgage Bond Probe Play

July 9 (Bloomberg) –- Bloomberg’s Jonathan Ferro reports on Citigroup possibly paying up to $7B to settle allegations that it sold mortgage-backed bonds before the 2008 crisis. He speaks to Ryan Chilcote and Olivia Sterns on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

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