Judge Asks SEC, Citigroup to Defend Fraud Settlement - Fox Business

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE8WvX4U1zDO-QNJdnmsrFWm-2gkwamp;url=http://dealbook.nytimes.com/2011/10/27/judge-rakoff-skeptical-of-s-e-c-settlement-with-citigroup/img src=http://nt2.ggpht.com/news/tbn/ijwYNx88iRMEpM/0.jpg alt= border=1 width=56 height=80 /br /font size=-2New York Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFTYOBrHNXpzAFS1M5jF7 zYNsM2Qwamp;url=http://www.foxbusiness.com/industries/2011/10/28/judge-asks-sec-citigroup-to-defend-fraud-settlement/bJudge Asks SEC, Citigroup to Defend bFraud/b Settlement/b/abr /font size=-1bfont color=#6f6f6fFox Business/font/b/fontbr /font size=-1These go to fundamental issues such as the size of the fine imposed, why no individuals were held financially responsible, and why the SEC did not demand any admission of wrongdoing for a ``serious securities bfraud/b.#39;#39; Citigroup spokeswoman Danielle b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH7k_YPfwl-Z53u9s8nJCVnatwzggamp;url=http://online.wsj.com/article/SB10001424052970203687504577001880109335126.htmlJu dge to Citi and SEC: Explain Your Settlement/afont size=-1 color=#6f6f6fnobrWall Street Journal/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGgryBEx7K-9wXhkIMmk62vAIautwamp;url=http://www.washingtonpost.com/business/ny-federal-judge-questions-fairness-of-285m-citigroup-settlement-with-sec-schedules-hearing/2011/10/27/gIQA5MdXMM_story.htmlNY federal judge questions fairness of $285M Citigroup settlement with SEC b.../b/afont size=-1 color=#6f6f6fnobrWashington Post/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE8WvX4U1zDO-QNJdnmsrFWm-2gkwamp;url=http://dealbook.nytimes.com/2011/10/27/judge-rakoff-skeptical-of-s-e-c-settlement-with-citigroup/Judge Rakoff Questions SEC Accord With Citigroup/afont size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEZIgKEjybuKfOmXvZPR0 9ixLwUugamp;url=http://www.thestreet.com/story/11291936/1/citigroup-has-a-mortgage-settlement-setback.htmlnobrTheStreet.com/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFO4BK02TTuezOW-QJ9xqCyv_auzAamp;url=http://www.sfgate.com/cgi-bin/article.cgi?f%3D/g/a/2011/10/27/bloomberg_articlesLTQL8207SXKX.DTLnobrSan Francisco Chronicle/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dx5i6i10vZCREmM9qP9W Cww_SfabMnobrball 195 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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