Rebecca Jarvis speaks with former Citigroup chief Sandy Weill about his new organization and Occupy Wall Street.

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JP Morgan Wins -- Citigroup Fails

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Federal Judge Jed Rakoff refused to accept the weak SEC settlement for Citigroup fraud. The Young Turks host Cenk Uygur explains. Sources: www.rollingstone.com www.dailykos.com www.nytimes.com Subscribe to The Young Turks: bit.ly The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com

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My commentary on the largest US city default in history, a family living in a $1.3 million home for five years without paying the mortgage, GM laying off working for the Chevy Volt, Tennessee passing an anti-Occupy bill and more. Couple Lives In $1.3 Million, 4900 Square Foot Home For Five Years Without Making A Single Mortgage Payment www.zerohedge.com A million-dollar mortgage goes unpaid for years while couple fights foreclosure www.washingtonpost.com Stockton, California, May Ask Bondholders to 'Suffer,' City Officials Say www.bloomberg.com Stockton, California OKs bond default plan www.reuters.com Racial divide runs deep in US schools, study finds news.yahoo.com GM laying off 1300 due to low Volt sales campaign2012.washingtonexaminer.com GM stops building slow-selling Chevy Volts for 5 weeks content.usatoday.com US Service Index Unexpectedly Climbs To One-Year High In February www.rttnews.com Spain's Industrial Output Continues To Decline www.rttnews.com Australia Q4 GDP Rises 0.4% On Quarter www.rttnews.com Fallout feared from anti-Occupy bill usnews.msnbc.msn.com International Business Machines Corp. (IBM)'s Watson computer, which beat www.bloomberg.com Report: Chance of a Catastrophic Solar Storm Is 1 in 8; Would Take Down Power Grid, Food Transportation, Water Utilities, Financial Systems www.shtfplan.com remake America news.yahoo.com

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Citigroup profits millions from customers going bust, through product sold by them! www.nytimes.com Visit the Equal Life Store: eqafe.com http The Book -- Equal Money System will Release September 2011 Now available in the Equal Life Store new social network: destonians.com visit forum at www.desteni.co.za life coaching at http (go to the site above and you will find support that will assist you that you may come to your own self realizations!) equal money at www.equalmoney.org mind demons at http my blog at sandymacgillivray.wordpress.com http

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On J20 as part of several major actions taking place in the financial district in conjunction with Occupy Wall Street West, the Occupy Housewarming affinity group threw a housewarming party in front of the Citigroup on Sansome and Sutter to protest its for profit foreclosing of homes and its accumulation of student debt.

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Judge Blocks 285 Million Dollar Citigroup Settlement With The SEC #ows ows occupy wall street movement mox news

Sell Citigroup!: Against the Grain

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Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the housing market was starting to collapse. (Oct. 19)

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They Just Don't Get Citigroup!

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Sell Citigroup!: Against the Grain

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White collar criminologist William Black dissects a 2005 Citigroup memo intended for its wealthist clients that describes the US, UK, and Canada as plutonomies -- countries where rule by an ultra-rich managerial class has replaced democracy. Black is former federal regulator and author of "The Best Way to Rob a Bank is to Own One." He holds a joint appointment to the departments of Law and Economics at the University of Missouri - Kansas City, and was featured in the Michael Moore documentary: "Capitalism: A Love Story." Excerpted from "Wall Street: The Great Jobs Killer" delivered Nov. 29, 2011 to a standing room only audience at the University of Missouri - Kansas City. Sponsored by the Jobs Now! Coalition, United Autoworkers Local 249, Occupy Kansas City, the UMKC College Democrats, the UMKC Economics Club, and the Institute for Labor Studies.

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For more news and videos visit ➡ ‪english.ntdtv.com‬ Follow us on Twitter ➡ ‪http Add us on Facebook ➡ ‪on.fb.me And in other business news... For the first time ever, a non-Chinese bank will be allowed to offer credit cards inside of mainland China. On Monday, US-based Citigroup announced that it has been given permission by the Chinese regime to offer a line of credit in China. It's the envy of every bank. The growing middle class in China has been a sought after new market for banks looking to expand their business. But until Monday, the only "foreign" bank permitted to offer credit cards was Hong Kong's Bank of East Asia. Citigroup operates 13 banks throughout China. The banking giant has not stated whether cards issued will be Visa or MasterCards.

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Citigroup CEO Vikram Pandit discusses the financial crisis, leading complex organizations, and the future of banking at the Stanford Graduate School of Business. He was Interviewed by MBA student Derek Kan. Related Link www.gsb.stanford.edu

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You can download Judge Rakoff's ruling here: "Rakoff Ruling SEC Soft Settlement with Citigroup" on Scribd www.scribd.comFAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 USC section 107 of the US Copyright. The use of media materials is protected by the Fair Use Clause of the US Copyright Act of 1976, which allows for the rebroadcast of copyrighted materials for the purposes of commentary, criticism, and education.

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Citigroup was accused of misleading customers who invested in complex mortgage securities and has agreed to pay a $256 million fine to settle the civil fraud case. Anthony Mason reports.

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Citigroup prepares to invest in Iraq

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Banking giant Citigroup will get billions more in bailout money due in part to its size and the adverse effects of its failure in what some economists have called "a broken economy," reports Jeff Glor.

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British financier Guy Hands had sought $8 billion from the banking giant over his ill-fated acquisition of the troubled music company EMI Group. The jury awarded him nothing. Related Link: nyti.ms

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