Citigroup’s $7 billion settlement with the federal government to resolve claims the banking firm misled investors on the risks related to securities backed by subprime mortgages will send nearly $200 million to California, the Associated Press said.
Citigroup’s $7 billion settlement with the federal government to resolve claims the banking firm misled investors on the risks related to securities backed by subprime mortgages will send nearly $200 million to California, the Associated Press said.