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Citi Failed to Impress Mike Mayo

Posted on October 5, 2010 by Caleb Newquist

“Citi still seems to have aggressiveness with financial targets (well above historical), accounting (tax credits) and corporate governance. Also, the strategy does not always seem in sync with execution and/or financial reporting.”

~ It isn’t known what the Credit Agricole Securities analyst thinks of the auditors.

Posted in Quote of the DayTagged analysts, Banks, Citi, Mike Mayo

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