Citigroup sued for fraud over $1 billion of CD0s - Reuters UK

[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=AFQjCNEfEtqIZRXZbmDu1IwzNN jC1qsE7wamp;url=http://www.moneycontrol.com/news/wire-news/citigroup-sued-for-fraud-over-361-billioncd0s_656556.htmlimg src=//nt3.ggpht.com/news/tbn/LzdQ9Y4UD07-GM/0.jpg alt= border=1 width=80 height=49 /br /font size=-2Moneycontrol.com/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=AFQjCNE_09yRfSMDBpGza1715K 8uR7lZ3Qamp;url=http://uk.reuters.com/article/2012/01/24/uk-citigroup-loreley-idUKTRE80N28420120124bCitigroup sued for bfraud/b over $1 billion of CD0s/b/abr /font size=-1bfont color=#6f6f6fReuters UK/font/b/fontbr /font size=-1By Karen Freifeld | NEW YORK (Reuters) - Citigroup Inc. (CN) was sued for bfraud/b by Loreley Financing over nearly $1 billion (640 million pounds) worth of collateralized debt obligations purchased in 2006 and 2007. Citigroup is accused of defrauding b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEyWLMpY2ZUI5p4ZwGE8T mbHh9poAamp;url=http://news.gnom.es/business/citigroup-sued-for-fraud-over-1-billion-of-cdos-news-gnom-esCitigroup sued for bfraud/b over $1 billion of CDOs (NEWS.GNOM.ES)/afont size=-1 color=#6f6f6fnobrNEWS.GNOM.ES (press release)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE4Lv6zSoJ8m3OHNTlvbq q9LuxZcgamp;url=http://www.ifre.com/pm-citi-sued-for-fraud-over-2007-cdo-sale/20045525.articlePamp;M: Citi sued for bfraud/b over 2007 CDO sale/afont size=-1 color=#6f6f6fnobrInternational Financing Review/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dnRyYTgv84dXv-MzXuOtzhSEnJpbMnobrball 35 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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