Tags: Exclusive Interviews | MidPoint | Thomas Blumer | Citibank | Fannie | Freddie

Thomas Blumer: Citi Fined for Same Sins as Fannie, Freddie

Tuesday, 15 Jul 2014 07:55 PM

BizzyBlog owner and PJ Media contributor Thomas Blumer joined Newsmax TV "MidPoint" host Ed Berliner on Tuesday to talk about Citibank's record $7 billion settlement with the Justice Department.

Blumer said Citibank's conduct resembled that of the government-chartered home-loan agencies Fannie Mae and Freddie Mac, which also contributed to the U.S. housing-market collapse by trafficking in shoddy mortgages.

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