SEC Charges Citigroup and Two Executives for Misleading Investors About Exposure to Subprime Mortgage Assets
The Securities and Exchange Commission today charged Citigroup Inc. with misleading investors about the company's exposure to subprime mortgage-related assets. The SEC also charged one current and one former executive for their roles in causing Citigroup to make the misleading statements in an SEC filing.
http://www.sec.gov/news/press/2010/2010-136.htm