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Citigroup Execs Involved In MBS Biz Circa 2008 Can Breathe Easy

No bunk beds or jumpsuits for you!
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So that's nice for them.

U.S. authorities have decided not to pursue criminal charges against any Citigroup Inc (C.N) executives or employees involved in packaging and selling mortgage-backed securities at the heart of the 2008 financial crisis, a government report shows...Its release marked the first public acknowledgement by U.S. authorities that executives at a major bank linked to the financial crisis would face no criminal charges for their involvement in selling billions of dollars of toxic mortgage bonds.

Exclusive: Citigroup executives avoid U.S. charges over mortgage bonds - document [Reuters]


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Manipulating financial benchmarks is sooooo easy :)