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)

  • On Air Now

    Inside Johnson & Johnson Watch Now

  • Next

    Studio 1.0: Peter Thiel

blog comments powered by Disqus