Just because he's been hassling the bank for years, most recently about the funky accounting they use to hide their losses and to set financial targets that "encourage short-term excesses over long-term prudence," doesn't mean that analyst Mike Mayo doesn't respect Citigroup. He even has his outfit all picked out for his long-awaited "man to man, eye to eye" meeting with chief executive Vikram Pandit this Friday.
Mr. Mayo already knows what he will be wearing: a dark suit and a tie he bought in Chicago that is blue with some silver strips on the side. “It is a tie even my secretary thinks is too conservative, so I feel it is perfect for this meeting,” he said.
Hell, he's feeling particularly generous — he may even bring some carnations to lay on the grave afterward.