"Advisers at these Citigroup affiliates were supposed to be looking out for investors' best interests, but falsely assured them they were making safe investments even when the funds were on the brink of disaster," said Andrew Ceresney, director for the SEC's enforcement division.
The man picked to lead Costa Rica's Central Bank rejected Citigroup's decision to cut its economic forecast for the country in half after Intel and Bank of America said they would fire 3,000 people.
