Citigroup to pay $7 billion for selling bad mortgages

Monday, July 14, 2014 - 10:30 in Mathematics & Economics

Ananth BaligaWASHINGTON, July 14 (UPI) -- Citigroup has reached a $7 billion settlement with the Justice Department for packaging and selling bad mortgages in the run-p to the financial crisis of 2008.

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