subprime mortgage crisis

Citigroup Agrees to Pay $590M in Shareholder Suit

Citigroup has agreed to pay $590 million to settle legal claims by shareholders that its executives misled them about the bank's growing problems before the financial crisis.

Vegas Realty Crisis, Meet Reality TV: CNBC Flips Over Foreclosures

If America's subprime mortgage crisis was an earthquake, Las Vegas would be the epicenter: No U.S. city has suffered more. But all that devastation makes for great TV. Or at least CNBC hopes so, because it's mining that economic disaster for "Flipping Wars: Vegas."

Corruption behind the real estate debacle? I'm shocked. Shocked!