Wednesday, October 19, 2011

Citigroup to pay $285 million to settle fraud case - The Times of India

Citigroup to pay $285 million to settle fraud case - The Times of India: "NEW YORK: Citigroup Inc will pay $285 million to settle charges that it defrauded investors who bought toxic housing-related debt that the bank bet would fail, the US Securities and Exchange Commission said on Wednesday."

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