Ed Koch Commentary 1,163: Some of Those Making the Laws Are Corrupt, And Some of Those Enforcing the Laws Are Corrupt By ED KOCH

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What this country needs is a Congress and a President who will investigate the corruption that Americans feel is rampant. The Occupy Wall Street crew, unfocused and inarticulate, unwashed and motley, nevertheless has captured support because of the uneasiness of Americans, conservative and liberal, that our lawmakers at every level of government have been compromised, if not purchased and that …

eHeziEd Koch Commentary 1,163: Some of Those Making the Laws Are Corrupt, And Some of Those Enforcing the Laws Are Corrupt By ED KOCH

Citigroup to Pay $285 Million to Settle SEC Charges for Misleading Investors About CDO Tied to Housing Market

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WASHINGTON, D.C. — The Securities and Exchange Commission today (October 19, 2011) charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress. The CDO defaulted within months, leaving investors with losses while Citigroup …

eHeziCitigroup to Pay $285 Million to Settle SEC Charges for Misleading Investors About CDO Tied to Housing Market