BLOOMBERG Bloomberg Bottom Line July 14, 2014
Individual investors are entering the equity markets. At the airshow. We begin with Phil Mattingly and citigroup 7 billion agreement to resolve a Mortgage Securities investigation. Good afternoon. Just hours away from filing a civil suit against citigroup, the Justice Department settled for a record fine of 4 billion, double was extracted from Jpmorgan Chase last year. This is the latest and settlement, part of the series we have seen over the past couple of months. As part of the settlement, citigroup will pay out 500 million for the state attorney general and fdic to address investor claims ...
Source: archive.org