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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document
March 4, 2016 by admin · Leave a Comment
By Nate Raymond NEW YORK (Reuters) – U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc executives or employees involved in packaging and selling mortgage-backed securities at the heart of the 2008 financial crisis, a government report shows. The decision, which followed Citigroup's $7-billion settlement in 2014 resolving federal and state civil claims related to mortgage bonds, was described in a November report…
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Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds – document