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Economics

Bringing CitiBank to Justice

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Reaction continues to come in to Monday’s massive 7 billion dollar settlement between Citigroup and the US Justice Department over misconduct that contributed to the great recession of 2008. Citigroup will pay four billion dollars in fines plus 2.5 billion for what’s called consumer relief.  

The US Attorney for the District of Colorado, John Walsh played a major role in the sleuthing of Citi’s wrongdoing.  He spoke from his office in Denver with APR’s Roger Adams.

Hear the radio edit here:

Hear the unedited interview here:

US_Attny_John_Walsh_Citi_Settlement.mp3

More on the Citigroup settlement with the U.S. Department of Justice is HERE.

More on U.S. Attorney for the District of Colorado, John Walsh is HERE.