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Citi to pay $7 bln to settle U.S. mortgage securities probe

Citigroup has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in run-up to the financial crisis. Rough Cut (no reporter narration).

http://www.wbir.com/video/3674332339001/1/Citi-to-pay-7-bln-to-settle-US-mortgage-securities-probe http://cdn.newslook.com/f4/f4c461fc3a42ad78100a2a54a3ff803f/images/frame_ext.jpg Citi to pay $7 bln to settle U.S. mortgage securities probe Citigroup has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in run-up to the financial crisis. Rough Cut (no reporter narration). CitigroupEric HoldernewslookUnited States of AmericausWorld 00:57

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