Citi (C) In Multibillion-dollar DOJ Settlement Talks

Citigroup (C) and the U.S. Justice Department reportedly plan to meet next month to begin multibillion-dollar settlement talks aimed at ending investigations into how the megabank handled second-rate mortgage-backed securities [MBS] created during the housing bubble. Citing people familiar with the matter, The Wall Street Journal stated that the scheduled meeting will be the first […] View the full post at: Citi (C) In Multibillion-dollar DOJ Settlement Talks Related posts: Goldman Plans to Initiate Settlement Talks with the SEC: Report What Citi Gets Out of the Wachovia Deal Judge Rejects BofA-SEC Settlement Over Merrill Bonuses