The New York Times reports that William R. Salomon uses space and a secretary paid for by Citigroup, which swallowed his firm, Salomon Brothers, in a merger. It is the least that the banking giant can do for the son of one of three brothers who started the firm a century ago.
But federal prosecutors say that Salomon’s longtime secretary did him no favors. Karen Febles, his former assistant at Citigroup for over a decade, has been charged with stealing nearly $2m from him, according to a person with direct knowledge of the case.
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