Citigroup's $7B Settlement: Who Actually Benefits?
1,690 views · Published 15 July 2014 · 1:25 · Indexed 1 October 2026
Channel: Bloomberg Originals · 2014 · News & Politics
July 15 (Bloomberg) --- The federal government's settlement with Citigroup is not just about punishing bad behavior. Part of the bank's multibillion-dollar payment will also be used to help victims of the mortgage crisis, as Bloomberg's Willem Marx explains in The Big Question. (Source: Bloomberg) -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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