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NORWAY-US-BANKING-REGULATE-COMPANY-CITIGROUP,
Seven Norwegian towns, some clustered around the Arctic Circle, have sued US banking giant Citigroup for more than 200 million dollars of losses plus damages linked to the sub-prime mortgage crisis, their lawyer Jon Skjorshammer (R) said at a press conference in Oslo on August 11, 2009. The lawsuit was filed in a New York court after the provincial outposts, the largest of which has a population of just 33,000, were brought to the brink of bankruptcy by what they claim was misleading selling of complex and high-risk mortgage-backed investments.Others are unidentified. AFP PHOTO Terje Bendiksby / SCANPIX/NORWAY ***NORWAY OUT***
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Detalii fotografie |
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Oslo, 715, NORWAY |
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AFP / Mediafax Foto |
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Fotograf: |
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BENDIKSBY, TERJE |
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11 August 2009 |
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2538 x 1823 (900.51 KB) |
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