Judge approves Citigroup’s $730M settlement with bondholders

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Vault Guide to Top Finance Firms – Ebook download as PDF File (.pdf), Text File (.txt) or read book online.. measured in percent, paid to bondholders) and the yield on a U.S. Treasury bond of the same time to maturity.. In a statement crafted with Mr. Currys lawyer, Morgan Stanley called the settlement complete vindication while carefully.

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A federal judge approved a settlement between the trustee unwinding lehman brothers and Citigroup over more than $1 billion that Lehman deposited at the bank the week it filed for bankruptcy.

NEW YORK – The United States is in the second inning of a recession that will last for at least 18 months and help kill off hundreds of banks, influential economist and New York University Professor

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The settlement now has to be approved by the Federal Housing Finance Agency and trustees of the 68 trusts.. a federal judge approved a settlement whereby Citigroup would pay bondholders $730m.

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A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup Inc’s proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets. U.S. District Judge Sidney Stein asked lawyers for the bank and its shareholders to address several issues at an April 8 fairness hearing, including requested legal fees and.