> "The allegations were "highly technical" and involved "an area of financial markets activity that has not been considered by any Australian court" or by regul

> "The allegations were "highly technical" and involved "an area of financial markets activity that has not been considered by any Australian court" or by regulators, Citigroup said in a statement." So they found a highly technical loophole with no legal history. Very bad for PR because the public will not understand it and believe any negative simplified summary. They also stand to be slapped with a huge fine. I don't understand why they would take such a big risk. Must be desperate times.