-->The bank paid on
Jack Grubman, once Salomon Smith Barney's star telecoms analyst, is still on the payroll, despite having left the investment bank with a $33m pay-off amid accusations that the bank's research was aimed at securing investment-banking business. Citigroup, Salomon's owner, is paying him $200,000 a year to help its legal team fight lawsuits from aggrieved investors.

aus Economist vom 23.8.2003.

Emerald.