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Search: Posts Made By: kbit

Forum: Traders Hideout

February 15th, 2012, 06:04 PM

Replies: 3

Citigroup pays $158 million in mortgage fraud pact

Views: 2,500

Posted By kbit

I still can't get over the fact that every week...

I still can't get over the fact that every week seemingly some bank is getting sued or being fined for outright fraud or some kind of illicit activity.

I would llike to see the day when they fine...

Forum: Traders Hideout

February 15th, 2012, 05:58 PM

Replies: 3

Citigroup pays $158 million in mortgage fraud pact

Views: 2,500

Posted By kbit

Citigroup pays $158 million in mortgage fraud pact

(Reuters) - Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit.
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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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