Mortgage Servicing Fraud
occurs post loan origination when mortgage servicers use false statements and book-keeping entries, fabricated assignments, forged signatures and utter counterfeit intangible Notes to take a homeowner's property and equity.
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Citigroup to Cut 20000 Jobs and Slash Dividend, WSJ Reports
Bloomberg - 3 hours ago
14 (Bloomberg) -- Citigroup Inc. plans to eliminate more than 20000 jobs, slash its quarterly dividend and collect at least $10 billion in cash from outside investors to shore up capital eroded by subprime losses, the Wall Street Journal reported, ...

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ENRON LIKE ;)
Financial forces run amok - Los Angeles Times

* Money managers including Bear Stearns and investment bankers Citigroup, Merrill Lynch and Washington Mutual are under investigation for fraud and allegedly making Enron-like off-balance-sheet transactions.

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