The American Empire in a Changing World


Wednesday, September 5, 2012

''Pension Plan Sues Citigroup for $9 Billion''

From CourtHouse News

''Citigroup used misrepresentations to sell billions of dollars of euro notes, whose value plummeted during the financial crisis, a United Kingdom-based pension company claims in a federal class action.

Rentokil-Initial Pension Scheme sued Citigroup and four of its top officers - Sanford Weill, Charles Prince, Robert Rubin and Vikram Pandit - on behalf everyone who bought euro notes from Citigroup between Oct. 12, 2005 and Feb. 25, 2009.''

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