because Sun Dance Festival is not something that can help to attract Citi's main clientele.
The obvious way this guy spent that 5 million is because Batiromo is the host of a program at the Festival about "how to invest in the entertainment (or movie making) business" something like that.
This guy heads the fastest growth dept in Citi - Private banking - but he abuses his power by lavishly spending on his office decoration, corporate private jet travel, top restaurant X'mas dining with Ms Batiromo :) So he is ousted.
from biz stand pt, the 5 millions should not be spent
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What's "biz stand pt"? That's arguable.
-moab-
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01/26/2007 postreply
13:48:19
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Not really. The article is a very very long one.
-Lvtotravel-
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01/26/2007 postreply
14:46:07