Will This Billion-Dollar Blow Hold Citigroup Back?
Even as confidence in the stability of some of the big banks starts to recover, the Department of Justice continues to pursue hefty fines against the ones it sees as bearing the most responsibility for the recent crisis -- and now it wants more than $10 billion from Citigroup for its sale of mortgage-backed bonds before 2008. Does this make sense, or does it pose an unnecessary risk to a fragile sector?
In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss recent DOJ actions and what they could mean.
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