Gerald J. Lobo

The case was written as a result of a BusinessWeek article, "How banks pretty up their profits picture". It address Citigroup and the earnings per share it reported to The Street in 2004 which were exceeded expectations by a penny. This was after reversing 15 cents of the loan loss reserve accrual.

Published 13 Jul 2007

Reference 5809

Topic Economics & Finance

Industry Banking

Region Global

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