Citigroup CEO Vikram Pandit: ‘Occupy Wall Street’ Grievances “Completely...
Another prominent “one percenter” has expressed sympathy for the “99 percenters” of the ‘Occupy Wall Street’ movement. According to the Huffington Post, Citigroup CEO Vikram Pandit said he thinks the...
View ArticleCitigroup Gets $285 Million Slap on the Wrist for Defrauding Investors
Citigroup has agreed to pay $285 million to settle a Securities and Exchange Commission (SEC) civil complaint alleging the mega-bank defrauded clients who invested in high-risk mortgage-related...
View Article‘The Moral High Ground’: Federal Judge Jed Rakoff Tosses Proposed $285...
A federal judge in New York has rejected a $285 million settlement between the Securities and Exchange Commission (SEC) and financial services giant Citigroup Monday, a bold move that places the...
View ArticleAs Covington & Burling Partners, Attorney General Eric Holder, DOJ Criminal...
U.S. Attorney General Eric Holder and Lanny Breuer, the Justice Department’s criminal division chief, were partners for years at Covington & Burling, a high-powered Washington law firm that...
View ArticleCitigroup Lobbyists Wrote Wall Street Deregulation Bill
Lobbyists for one of Wall Street’s biggest financial firms helped draft legislation exempting banks from new regulations and allowing them to engage in riskier trades. The New York Times reports that...
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