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Subprime tab hits $7 billion for Citigroup

Penalty caps federal probe of mortgage-backed bonds

Posted: July 15, 2014 at 3:38 a.m.

WASHINGTON -- Citigroup Inc. has agreed to pay $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis.

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Ex-deputy: Didn't sell drugs

BENTON -- A former Saline County sheriff's office lieutenant pleaded innocent Monday to selling drugs to a confidential informant. Read »

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Israelis blast Hamas-flown drone

A Palestinian confronts an Israeli soldier, left, during a demonstration against Israeli military action in Gaza, near the West Bank town of Nablus, Monday, July 14,  2014. Israel began its campaign against militants in the Hamas-controlled Gaza last Tuesday, saying it was responding to heavy rocket fire from the densely populated territory. The military says it has launched more than 1,300 airstrikes since then, while Palestinian militants have launched nearly 1,000 rockets at Israel. (AP Photo/Nasser Ishtayeh)

JERUSALEM -- The Israeli military intercepted an unmanned aircraft flown from Gaza on Monday, blowing it apart... Read »