Citigroup Said to Get California Subpoena Over Mortgage Deals

Citigroup Said to Get California Subpoena Over Mortgage Deals

Aug. 5 (Bloomberg) — Citigroup Inc., the third-biggest U.S. bank, was subpoenaed by the California Attorney General’s Office over mortgage securitization, a person familiar with the matter said.

Attorney General Kamala Harris, who is investigating mortgage fraud, is seeking information from the New York-based bank on its practices, said the person, who wasn’t authorized to speak publicly about the matter and didn’t want to be identified.

The subpoena comes after Harris’s May announcement that she had set up a mortgage-fraud task force to investigate “every step” of the mortgage process from lending to securitization.

Shum Preston, a spokesman for Harris, and Mark Costiglio, a Citigroup spokesman, declined to comment yesterday on the subpoena.

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Comments
4 Responses to “Citigroup Said to Get California Subpoena Over Mortgage Deals”
  1. lvent says:

    AHA, no wonder their head honcho from shittybank was on Bloomberg tonight talking the truth…..The debt they all created is unsustainable…………….They should all know it, they created it……………………

    • lvent says:

      ….and they manufactured the financial crisis to go along with it by insider trading and collapsing the Stock Market intentionally…When their shit loans crapped out, they robbed america blind, first in the stock market crash, then with the illegal bailouts and then forced austerity measures by the FEDERAL RESERVE, BEN BERNANKE and WALL STREET’S COMMODITIES SPECULATING…THEY INTENTIONALLY DEVALUATED THE CURRENCY and DROVE UP THE PRICES OF EVERYTHING WE — USE…….See you tube video: CNBC ILLUMINATI CRASHES STOCK MARKET…..The Debt Deal by Congress is another illegal austerity measure they want to use to make all of us pay for all of WALL STREETS CRIMES………………THE SUPER CONGRESS IS UNCONSTITUTIONAL…CONGRESS ARE A DEN OF TRAITORS AND TREASONISTS…JOHN BOEHNER AND THE REPUBLICONS ARE PUBLIC ENEMY NUMBER 1 AND SHOULD BE REMOVED BY THE AMERICAN PEOPLE FOR CREATING AND PASSING THE DEBT DEAL IN THE BACKROOMS OF CONGRESS ON ORDER TO FORCE FASCIST AUSTERITY MEASURES ON TO MAINSTREET ONCE AGAIN AND CA– USE MAINSTREET TO SUFFER MORE FINANCIAL PAIN FOR WALL STREETS CRIMES…….See the video, The Debt Deal is a Vote for Treason: http://www.larouchepac.com/node/18956

      • lvent says:

        Any politician who signed that debt deal repub or dem should be forced to resign without their pension and go to prison for treason………………….Congress is holding the American People hostage with unsustainable debt created by the Ponze Schemers….Obama must make Wall Street pay……………………

      • lvent says:

        ALL SUPER COMMITTE MEMBERS OF CONGRESS SHOULD BE FORCED TO RESIGN….THEY KNOW A SUPREME CONGRESS IS TREASON, AND UNCONSTITUTIONAL…………!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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