Federal judge REFUSES the corrupt SEC settlement with Citigroup

More documentation of the extraordinary corruption of our regulators. When they’re not watching porn, the thugs at the SEC work on designing settlements favorable for the criminals. It RARELY happens that a JUDGE refuses to accept a settlement and this just goes to show how horrible this settlement really is. Judge balks at SEC’s settlement […]

California judgment against Citibank for STEALING customer funds

Between 1992 and 2003 Citi stole funds from credit card account holders.   California investigated and the Citi executives ADMITTED that stealing from their customers is a business decision. While 53,000 customers were defrauded, the victims were mostly “poor or deceased” and the accounts were in “recovery status.”  Obviously, most people would demand their money back […]