Articles Tagged With 'Citigroup'
Profiles: Shoddy Bank Practices Continue Even After Mortgage Mods
Many homeowners have received a mortgage modification only to find themselves once again at risk of foreclosure because of errors by their mortgage company. ProPublica investigated six of these cases.
In Fine Print, Banks Require Struggling Homeowners to Waive Rights
Some banks and others who handle mortgages have been forcing homeowners into a corner: You want a chance at saving your home? Then you’ll have to waive your right to sue.
More Citigroup Execs Knew of Subprime Exposure, but SEC Says Its Settlement Is ‘Adequate’
Despite acknowledging that more Citi executives knew about the company's subprime exposure, the SEC argues that its settlement was "fair, reasonable, adequate."
A Crib Sheet on Wall Street’s Self-Dealing Money Machine
Here's a primer on our story on how banks ginned up the CDO business.
Banks’ Self-Dealing Super-Charged Financial Crisis
As investors left the market in the run-up to the meltdown, Wall Street created fake demand, increasing their bonuses — and ultimately making the crisis worse.
Citigroup to Pay $1 for Every $500 in Subprime Exposure It Hid
Citigroup paid $75 million to settle charges that it hid exposure to more than $40 billion in subprime CDOs.
Does Inquiry into Morgan Stanley Implicate Citi and UBS?
The Justice Department is looking into some CDOs designed -- and then bet against -- by Morgan Stanley, a report says.
Other Major Banks Did Deals Similar to Goldman’s
The SEC accuses Goldman Sachs of actions similar to those of banks that dealt with the hedge fund Magnetar.
Behind the Financial Reform Push, Worries of Warring Regulators
The Lehman Brothers case suggests that regulatory agencies can be stingy with information and eager to point blame at others.
Citigroup’s Defense of Its Regulators
Citigroup's former CEO testified that the Fed's oversight of the company was sufficient, a view not universally held.
Citi Execs: “Deeply Sorry,” but Don’t Blame Us
Two former Citigroup leaders told an investigations committee that they were sorry for the company's role in the financial crisis, but that they didn't see it coming.
The Call Geithner Didn’t Make While His New York Fed Watched Over Citigroup
A 2005 report found that the New York Fed didn't have the resources to watch Citigroup, but Timothy Geithner didn't ask for more
Preview: Financial Crisis Panel’s Huge Task, Small Budget, Unanswered Questions
The Financial Crisis Inquiry Commission begins a second round of public hearings Wednesday.
With Bank Money Returning, Bailout Burden Shifts Toward Housing
Fannie Mae and Freddie Mac now account for about one-third of the outstanding bailout money, with more sure to come.
