Today's Hard|Forum Post
Today's Hard|Forum Post

Friday October 26, 2012

Citi Fined $2M Over Facebook IPO

Oh no! Poor Citigroup will now have to dig deep into its petty cash to pay this whopping $2 million fine. roll eyes (sarcastic)

The complaint contends the unidentified junior analyst sent some of Citi's confidential views on investment risks and revenue estimates for Facebook to two employees at, a technology-focused media company, three weeks before Facebook went public on May 18.