Monday, 14 July 2014


Webster Tarpley: Killer Cuts in Food Stamps...


"Banking giant Citigroup will pay $7bn (£4bn) to US authorities to settle an investigation into risky sub-prime mortgages.

Citigroup will pay $4bn (£bn) to the Department of Justice and $2.5bn for "consumer relief".
Consumer relief includes investment in affordable homes and mortgage relief.
The settlement stems from the sale of securities made up of sub-prime mortgages, which were at the centre of the 2008 financial crisis.
Citigroup is the second major bank to pay a settlement since an investigation into the loans.
JPMorgan Chase paid $13bn last year to settle government investigations. ... 
He said the settlement "does not absolve Citigroup or its employees from facing any possible criminal charges in the future"."
Webster Tarpley on Edward Snowden


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