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Citigroup recently agreed to pay $7 billion in a deal with the government for misleading investors about the riskiness of mortgage-backed securities sold in the run up to the 2008 financial crisis. Citigroup, which received $45 billion in taxpayer bailouts during the 2008 financial crisis, is one of the largest banks yet to be penalized by the task force formed by President Obama to investigate the banks' packaging of mortgage securities.
