Citi fires analyst, pays fine over Facebook leak

Published



NEW YORK (AP) — The young Citigroup analyst was researching Facebook before it went public. He dropped an email to two of his buddies at a popular technology blog, leaking them information about Citigroup’s research that was supposed to be private.

When one friend asked if it was OK to publish the information, the analyst responded with an answer that showed he knew he was breaking the rules: “My boss,” he wrote back, “would eat me alive.”

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