The Last Honest Analyst

Sally started to be recognized when she was titled “the last Honest Analyst” while she was still working at Sanford Bernstein in 2002. Where she moved on to fix or clean-up Citi’s Smith Barney conflict-of-interest scandal and she clashed with the CEO right away, while she had the acting role of CFO and head of strategy. During her second year Citi changed CEO and Prince was replaces with Pandit. She brought up after scandals during a time it was almost deemed impossible since we were in an economic down turn. In 2007 Sally changed the culture of Smith Barney’s financial advisors to create the top advisor pay program on Wall Street and in turn increased productivity. Due to clashing with the CEO, she was asked to step down to handle the global management division, and her goal of being CEO of Citi moved farther away. It was rumored that she wanted to help the financers get some of their money back for faulty information. This was not well received wit the board or the CEO. She was left in September of 2008.

In 2009 after Bank of America acquired Merrill Lynch they hired Sally to manager their new division, since it was in a very bad financial crisis. She led the department to 3.1Billion in profits within two years. In the second quarter of 2011 her division increased net income by 54%, while bank of America posted an overall loss of 8.8 billion. She also increased the amount of advisors while most companies were downsizing. She was downsized at the beginning of September 2011.