2008 Financial Crisis and Citigroup Subprime Mortgages, Day 1, Panel 1
Apr 7, 2010
Several former Citigroup officials that testified before the Financial Crisis Inquiry Commission on their former company's past mortgage lending practices. Former CitiMortgage Senior Vice President Richard Bowen told the commission that he warned former Citi executive Robert Rubin about risky mortgages that were a cause of the financial crisis.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown.
Several former Citigroup officials that testified before the Financial Crisis Inquiry Commission on their former company's past mortgage lending practices. Former CitiMortgage Senior Vice President Richard Bowen told the commission that he warned former Citi executive Robert Rubin about risky mortgages that were a cause of the financial crisis.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown.
Congress formed the ten-member FCIC in May 2009 to examine the causes of the 2008 financial markets meltdown.
