The Banksters

0x3…6f4

ERC721

The Securities and Exchange Commission announced that Citigroup's principal U.S. Broker-dealer subsidiary would pay $285 million to settle allegations of deceiving investors about a $1 billion collateralized debt obligation 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 made $160 million in fees and trading profits. For more info visit https://www.sec.gov/news/press/2011/2011-214.htm

Name

1280

Owner

0x1689B564814db5f1C7Abd74129771D282E2d652b

ID#1280

Rarity

LO:55%