Citigroup (C) Freezing Out Mike Mayo Over Accounting Accusations
August 25, 2010 at 14:25 PM EDT
FOX Business’ Charlie Gasparino reports that Citi’s (C) Vikram Pandit is “freezing out” CLSA analyst Mike Mayo over his questioning into Citi following accounting rules. Mayo is saying that Citi may be “cooking the books” by inflating its earnings through an accounting gimmick, Fox Business Network has learned. Mayo has been telling investors [...]