Holder: Citi Resolution Follows ‘Egregious’ Conduct

July 14 (Bloomberg) -- U.S. Attorney General Eric Holder talks about Citigroup Inc.'s agreement to pay $7 billion in fines and consumer relief to resolve claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis. Associate Attorney General Tony West, U.S. Attorney for the District of Colorado John Walsh, and U.S. Attorney for the Eastern District of New York Loretta Lynch also speak at a news conference at the Department of Justice in Washington. (Source: Bloomberg)
EMC Agrees to Buy Virtustream for $1.2B
08:22 - EMC agreed to acquire Virtustream in a transaction valued at about $1.2 billion, giving it a line of managed cloud-computing services. Bloomberg's Julie Hyman reports on “Market Makers.” (Source: Bloomberg)
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