Citigroup to pay $7BILLION to settle a Justice Department probe into sale of subprime mortgages that led to financial collapse

By ASSOCIATED PRESS Citigroup will pay $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis. The agreement announced Monday comes weeks after talks between the sides

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6 Years After the Financial Crisis Hit, The Big Banks Are Still Committing Massive Crimes

Posted on May 3, 2014 by WashingtonsBlog Preface: The “Great Recession” started in December 2007. More than 6 years later, the big banks are committing more crimes than ever. You Won’t Believe What They’ve Done

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One Million People Dropped Out Of Labor Force In April: Participation Rate Plummets To Lowest Since 1978

Submitted by Tyler Durden on 05/02/2014 And so the BLS is back to its old data fudging, because while the Establishment Survey job number was a whopper, and the biggest monthly addition since January 2012,

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