Citigroup in $7B Deal to Settle Mortgage-Bond Probe

Citigroup in $7B Deal to Settle Mortgage-Bond Probe Play

July 14 (Bloomberg) -- Citigroup agreed to pay $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis. Phil Mattingly reports on “Bloomberg Surveillance.” (Source: Bloomberg)

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