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)
Will Investors Continue to Hold Yahoo Without Alibaba?
Jan. 28 -- By spinning off its stake in Alibaba, Yahoo will remove a key reason for investors to hold the stock -- increasing pressure on CEO Marissa Mayer to revive growth from other assets. Bloomberg’s Tom Giles also reports on Apple’s earnings on reports “In The Loop.”
Apple’s Power: iPhone 6, Apple Watch and Lots of Cash