Monday, November 28, 2011

Citigroup's SEC settlement rejected

US DISTRICT COURT JUDGE LAYS
THE HAMMER DOWN ON CITIGROUP


Wow!

A judge stops the Securities and Exchange Commission from accepting a settlement regarding CITIGROUP's alleged manipulation of mortgage-related collatarized debt obligation.

The judge has been raising hell for years about what has been termed as "toothless, face saving settlements" reportedly meted out to the big financial institutions.

Check out the link:

http://money.cnn.com/2011/11/28/news/companies/citigroup_settlement_rejected/index.htm?hpt=hp_t2

and get back to me!

1 comment:

  1. I spend my days sitting at some drafting tables inside an office and it seems so unhealthy to never be outside. I recently starting getting up every 30 minutes and doing a walk around the office just to be active. It truly does pay off. Great post by the way. Great to see people on the same page!
    Thanks for post..

    Gregory Office Chairs

    ReplyDelete