Monday, July 14, 2014

Citibank pays $7 billion as settlement

Yet no one goes to jail despite these comments from Holder:
“As a result of their assurances that toxic financial products were sound, Citigroup was able to expand its market share and increase profits.”
“Despite the fact that Citigroup learned of serious and widespread defects among the increasingly risky loans they were securitizing, the bank and its employees concealed these defects.’’

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