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View Full Version : Ex-Citi executive to jury: $1 billion CDO was risky bet, not fraud - Reuters



FraudNews
07-16-2012, 09:28 PM
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-serif/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=AFQjCNH-Efsiz8GsFjJY7lbNakgJ1Wf2nwamp;url=http://in.reuters.com/article/2012/07/16/us-sec-citigroup-stoker-idINBRE86F12220120716bEx-Citi executive to jury: $1 billion CDO was risky bet, not bfraud/b/b/abr /font size=-1bfont color=#6f6f6fReuters/font/b/fontbr /font size=-1NEW YORK (Reuters) - A former Citigroup Inc manager did not mislead investors who bought $1 billion of mortgage-linked securities from the bank because they knew betting in the housing market./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=d07Ng8skbnCTm_Mnobrb and morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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