Citigroup looks like it's next to face a reckoning for the mortgage crisis.
U.S. law enforcement confirm that Citi is close to $7 billion deal to settle charges that it packaged bad mortgages during the run-up to the financial crisis. The final deal, which would avert a civil suit by the Justice Department against Citi, is expected within the next week.
Citigroup faces $7 billion mortgage reckoning - Jul. 9, 2014
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