quote
Mr Groves has since accused Citigroup of producing faulty research and creating uncertainty over ABC's loan covenants.
On its part, Citigroup has questioned the value of Mr Groves' rescue deal and warned his haste putting it together "smells bad".
"If the urgency relates to shoring up share price to avoid margin calls, the longer-term interests of the majority of shareholders may have been jeopardised for the interests of a few," a Citigroup note to clients said this month.
end quote
sad that the SP seemed to get caught up in a biatch fight...
ABS
a.b.c. learning centres limited
