| Part Of Financial Crisis Inquiry Commission: Subprime Lending & Securitization & Gov't
Report Video Issue2008 Financial Crisis and Citigroup Senior Management, Day 2, Panel 1
2010-04-08T09:03:00-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTc1XC8yOTI5MDEtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Former Citigroup executives testified on the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Chuck Prince apologized for the impact of the financial crisis on all Americans. He talked about the factors that led to Citigroup to receive financial assistance from the federal government. Robert Rubin testified about his work at Citigroup and said he didn’t recall knowing about certain mortgage investments made by Citi. He also recommended further government regulation of the financial markets.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown.
Former Citigroup executives testified on the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC).… read more
Former Citigroup executives testified on the second of three days of hearings held by the bipartisan Financial Crisis Inquiry Commission (FCIC). Chuck Prince apologized for the impact of the financial crisis on all Americans. He talked about the factors that led to Citigroup to receive financial assistance from the federal government. Robert Rubin testified about his work at Citigroup and said he didn’t recall knowing about certain mortgage investments made by Citi. He also recommended further government regulation of the financial markets.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the financial markets meltdown. close
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