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zjeffries
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Into muddy waters

Citigroup agreed to pay $7 billion in penalties and restitution for its role in the 2008 financial meltdown, ...ccording to an article in the Wall Street Journal, the banking giant admitted to “repeatedly brushing aside warnings from both inside and outside the bank that many of the loans it had packaged had serious problems and concealing that information from investors.” Although none of the local mainstr ...

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