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Loan Modification

: Mortgage Lender Implode-o-Meter

Citi to pay $73 million for misleading investors

By Implode-Explode Heavy Industries

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"Citigroup said Thursday it would pay $73 million to settle charges by the Securities and Exchange Commission that the bank, as well as two of its executives, misled investors about the company's exposure to the subprime mortgage market."

Full post as published by Mortgage Lender Implode-o-Meter on July 29, 2010 (boomark / email).

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