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Mass. slaps Citigroup unit with $30 million fine

Hand over Money

Massachusetts has imposed a $30 million fine on Citigroup's research unit, the state announced on Thursday, accusing a bank analyst of supplying confidential non-public information to big hedge funds and institutional investors.

Debt ceiling a flaw in the system: Hank Paulson

Hank Paulson Interview Pic

The current standoff between President Barack Obama and Republicans leaders is different from the 2008 financial crisis because this crisis is "self-inflicted," former Treasury Secretary Hank Paulson told CNBC Thursday.

Buffett on unpopular TARP: 'Extreme idiocy' in DC

Warren Buffett

History will judge the Troubled Asset Relief Program more positively than people do now, said Warren Buffett, chairman and CEO Berkshire Hathaway, and in the midst of the first government shutdown in 17 years.