<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080807/bs_nm/citigroup_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080808/2008_08_07t130222_450x358_us_citigroup_auctionrate .jpg?x=130&y=103&q=85&sig=3aLYGGS.NznFXkvN8Ow9Jg--" align="left" height="103" width="130" alt="New York Attorney General Andrew Cuomo speaks during a news conference in New York August 7, 2008. Cuomo and the U.S. Securities and Exchange Commission announced that Citigroup agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it marketed the debt fraudulently. (Shannon Stapleton/Reuters)" border="0" /></a>Reuters - Citigroup and Merrill Lynch
said they would buy back billions of dollars of
illiquid auction-rate securities from retail clients, and
Citigroup agreed to pay a $100 million fine to settle charges
it fraudulently misled investors about the debt's risk.</p><br clear="all"/>

View the entire article: Citigroup and Merrill to buy back auction-rate debt
(Reuters)