Citigroup Settles Mortgage-Bond Probe With $7B Fine

July 14 (Bloomberg) - Bloomberg’s Scarlet Fu reports that Citigroup has agreed to pay $7 billion in fines and consumer relief to settle a claim by the U.S. government that is misled investors about the quality of mortgage-backed bonds sold ahead of the 2008 financial crisis. She speaks on “Bloomberg Surveillance.”

Quants Fire Back at Paul Tudor Jones
12:12 - Saeed Amen, Cuemacro founder, reacts to Paul Tudor Jones' criticism of quants. He speaks with Bloomberg's Joe Weisenthal and Scarlet Fu on "What'd You Miss?" (Source: Bloomberg)
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