US DISTRICT COURT JUDGE LAYS
THE HAMMER DOWN ON CITIGROUP
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!