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Citigroup Drops $2 Billion For UC Enron Investors

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Citigroup was sued by a group of investors led by the University of California over its role in the fall of Enron. Citigroup agreed to pay $2 billion to settle. Several other banks were accused along with Citgroup of having roles in the huge accounting scandal at Enron that ultimately led to the company's stock collapsing.

Citigroup Drops $2 Billion For UC Enron InvestorsCitigrouplatest ebusiness news.

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