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Loan Modification

: Loan Modification & Home Loan News

In devising punishments, SEC faced with competing interests

By Moe Bedard

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What’s $75 million? For Citigroup, it’s a week of profits, less than 0.1 percent of its market value, a rounding error on a balance sheet worth more than $2 trillion. And for the Securities and Exchange Commission, it’s a fair price to pay for the bank to settle allegations that it misled its shareholders about [...]

Full post as published by Loan Modification & Home Loan News on August 03, 2010 (boomark / email).

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