financial crisis

Judge Rejects Citigroup, SEC Settlement

NPR Programs: Morning Edition  Tue, 11/29/2011 - 3:56am

A federal judge has nixed a $285 million settlement between Citigroup and the Securities and Exchange Commission.

He said the deal was "neither fair, nor adequate nor in the public interest." The settlement dealt with Citigroup's handling of subprime mortgage debt prior to the financial crisis.

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Tough Choices For Greece's Youth In Economic Crisis

NPR Programs: Morning Edition  Tue, 10/04/2011 - 7:01am

The financial crisis gripping Greece is having a major impact on the country's young people. A two-tier labor market that favors the older generation and draconian austerity measures have triggered a record high jobless rate among those under 35.

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Stocks plunge as economic, Europe worries continue (AP)

Ytop stories  Thu, 08/04/2011 - 1:13pm

Traders work on the floor of the New York Stock Exchange on Thursday, Aug. 4, 2011 in New York.<br /><br />(AP Photo/Jin Lee)AP - The stock market is in the midst of its biggest retreat since the financial crisis.