stockholders: DON'T FEEL BAD ABOUT A 590 MILLION DOLLAR SETTLEMENT WITH CITIGROUP
- 08/31/12 04:10 AM
“Don’t Feel Bad About a 590 Million Dollar Settlement with Citigroup” They made plenty of profit on these loans, I mean lots of money. The frustrating part, is the settlement is going to stockholders, not the individuals that were harmed by the subprime loan that they bought into. Yes, I know there is 26 billion dollar settlement with folks that were harmed by subprime loans and part of the settlement was with CitiBank. These investors that won this settlement, made an investment that didn’t work out. I wonder if we should start an action to get back any money (10 comments)