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Forum Post: Citigroup agrees to pay $285million after 'Defrauding Investors in a $1BILLION Derivatives Deal'

Posted 13 years ago on Oct. 23, 2011, 8:04 p.m. EST by MonetizingDiscontent (1257)
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Citi agrees to pay $285million after 'defrauding investors in a $1BILLION derivatives deal'

Read more: http://www.dailymail.co.uk/news/article-2051130/Citi-agrees-pay-285million-defrauding-investors-1billion-derivatives-deal.html#ixzz1beNsRQpU

(Even Bank Punishment = Profit now?)

3 Comments

3 Comments


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[-] 1 points by harry2 (113) 13 years ago

Very bad, this case is interesting and should be pursued. But by all citizen.

Anyone that things they are not guilty?

[-] 1 points by Hellomynameis (243) from Aptos, CA 13 years ago

Well yeah.... the SEC is just an institutionalized-theft tax...

[-] 1 points by MonetizingDiscontent (1257) 13 years ago

Now that's what I call a bankers bonus. (Bone Us)