Sun, Oct 28, 2012 - Page 13 News List

Citigroup pays fine over Facebook IPO

PRICE TO PAY:The group’s top Internet analyst, who has previously been in similar trouble, was fired for disclosing sensitive financial information before Facebook’s IPO

Reuters, BOSTON and SAN FRANCISCO

Mahaney came to Citi in 2005 from Galleon Group, the hedge fund led by Raj Rajaratnam, who was later convicted in one of the biggest insider-trading crack-downs in US history.

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