PBS NewsHour

Is Citigroup’s $7 billion penalty a meaningful punishment?

Clip: 07/14/2014 | 8m 1s

The Justice Department announced a $7 billion settlement with Citigroup over “egregious misconduct” related to mortgage securities in the lead-up to the financial crisis. Judy Woodruff gets details from Tony West, associate attorney general at the Department of Justice and the lead negotiator.

Aired: 07/14/14

Rating: NR

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