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Moneywise

Citigroup to pay $7B in subprime mortgages probe

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  • FatherOfFour WEST VALLEY CITY, UT
    July 14, 2014 10:51 a.m.

    $7 billion is a huge amount of money. If they are willing to pay this amount in a settlement it makes me wonder how much their real loss would be if we went forward.

  • one vote Salt Lake City, UT
    July 14, 2014 11:18 a.m.

    This is a huge fine for the private sector that can do no wrong. Maybe big government is not only institution subject to criticism.

  • Hamath Omaha, NE
    July 14, 2014 7:48 p.m.

    AG Holder has quietly built up a sizable and impressive list of large company "settlements" all with huge huge penalty payments. I don't agree with some of his choices and Obama's choices to no prosecute some drug offenses, but their ability to nail down corporate bad guys is really strong.