Bizwatch

Bond Villains?
No one ever said bond traders were gentlemen. But even by the bruising standards of this market, the rapid-fire sale of 12 billion euros' worth of European government bonds by a group of mainly London-based Citigroup traders last August was a shocker. Prices tumbled, and Citigroup promptly bought back 4 billion euros' worth of bonds for a tidy profit. Citigroup, the world's largest financial

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!