Nov 4, 2007

CIBC analyst receives death threat on Citigroup downgrade

The analyst whose downgrade of Citigroup Inc sparked a broad stock market sell-off on Thursday said she has received several death threats stemming from her research, the Times of London said.

Meredith Whitney of CIBC World Markets Inc late Wednesday downgraded Citigroup to "sector underperformer," saying the largest U.S. bank by assets might need to raise more than $30 billion of capital and cut its dividend.

~ Reuters, "CIBC analyst receives death threat," November 4, 2007

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