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Citigroup May Pay $7 Billion To Settle Over Shoddy Mortgages

The Justice Department and Citigroup are reportedly close to a deal to settle allegations it defrauded investors on billions of dollars worth of mortgage securities before the financial crisis hit. Citi (C) may pay $7 billion to put the probe behind

http://www.wgrz.com/video/3666545406001/1/Citigroup-May-Pay-7-Billion-To-Settle-Over-Shoddy-Mortgages http://cdn.newslook.com/29/29185e771199ea5846561446ac1acb51/images/frame_ext.jpg Citigroup May Pay $7 Billion To Settle Over Shoddy Mortgages The Justice Department and Citigroup are reportedly close to a deal to settle allegations it defrauded investors on billions of dollars worth of mortgage securities before the financial crisis hit. Citi (C) may pay $7 billion to put the probe behind theStreet.comTSCMCitigroupBank of AmericaincFinanceyoutubeYahoo!newslookThe New York TimesSusannah Lee 01:02

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