Tick BOOM!!! Citibank Employee Sacked Over Viral Neil Cannon Email Issues Proceedings

Mr Cannon on a pre-tick-boom Friday night
After naming and shaming Neil Cannon, only to become aware days later that his “Tick Boom” email was an elaborate hoax by a computer-hacking colleague, we felt a measure of sympathy for the man. We heard on the grapevine that poor Neil had been heckled at Friday night drinks at his favourite post-week watering hole. Imagine, going about your routine weekly business, only to be rudely verballed by a stranger citing erroneous and unbraiding allegations in the midst of wokplace comrades and potential suitors. There was probably a handful of those “stereotypical women” who go after bankers in the vicinity, sensing that the afro-mopped adonis in their midst was a banker, Australia’s very own Mr Big perhaps. It’s true, we felt sympathy for Mr Cannon.

But then we remembered his odious contribution to CLEO Magazine where, clad in a vest, the banking denizen mused:

I was attracted to banking because it seemed interesting and prestigious. To be successful you need to be driven and thick-skinned – I guess the ‘Alpha Male’ type. I deal with pressure by maximising my fun time. The stereotype of women going after bankers is hopefully true and, after this feature, will happen more often! A woman’s stock goes up if she has a great smile, big brown eyes and is fun and interesting. I’m not into the whole dinner/movie/drink routine – I like someone who is adventurous and always willing to do something out of her comfort zone. Success for me is doing whatever makes you happy.

One of our readers commented that youngsters like Mr Cannon are entitled to make at least one mistake in their careers and we agree. Subject to good behaviour, we intend to delete this and our earlier post on 1 April next year – our annual day for FS sentence commutations. However, such generosity was regrettably not afforded to several other Citibank workers caught up in Mr Cannon’s email debacle.

We received the following rumour from an anonymous Citi insider a few days ago:

Following on from your story on 17 October (“Lock Up Your Daughters”) regarding the circulation of the emails sent from Neil Cannon’s work email account, you may remember that the SMH reported that Citi sacked Hugh Dive (Building Materials analyst) and two graduate employees.

Well, it’s true. It also appears that at least one of them is taking action against Citi for unfair dismissal.

I mean, everyone knows that we have to bend over and take it from New York, but the sacking of the three of them via an edict from NY was completely over the top, considering that a number of senior people were responsible for circulating the email outside Citi (including to our institutional clients) and all they received were verbal warnings.

Reminds me of the ham sandwich story that you reported as well – the two secretaries involved were shafted but the lawyers got off scot-free. Although since Hugh sent the article to the AFR while at a boozy lunch, which was then published in the Rear View column the next day, they could hardly turn a blind eye.

I don’t know what the claims will consist of, but they’re completely paranoid here ever since the ASIC investigation/litigation back in 2007 involving allegations of insider trading when Citi acted for Toll in its takeover of Patricks in 2005.

We sent the following edited email to the head of Corporate Affairs at Citibank (Australia) earlier today to get the scoop:

——– Original Message ——–
Subject: URGENT: Request for Comment
Date: Mon, 19 Dec 2011 00:17:54 -0500
From: news@firmspy.com
To: <name@citi.com>
Cc: <name@citi.com>

Dear [name]

We’re informed that one of the individuals entangled in Neil Cannon’s viral email infamy – namely, one of those who first disseminated the email outside of the bank, such that it could forever more be etched on the poisonous walls of FS ingnominy – and who was fired by the bank for his sins, has commenced legal proceedings. We understand he’s alleging unfair dismissal, or some such.

What sayeth Citi? If it indeed were all a hoax and all recipients and the public at large informed of its illegitimacy, how can such an upstanding foreign company trying to be taken seriously in Australia fire one of its own for, well, sending a mere email?

Does the firm possess such thoughtless and prompt draconianism with its customers when bills are overdue? What about if they send a whimsical letter to their bank manager? Should we alert Today Tonight?

Regards,

FS

We received the following reply earlier today:

——– Original Message ——–
Subject: RE: URGENT: Request for Comment
Date: Mon, 19 Dec 2011 16:57:36 +1100
From: “name ” <name@citi.com>
To: “news@firmspy.com” <news@firmspy.com>
Cc: “name” <name@citi.com>

Hi FS

We don’t comment on individual’s circumstances.

[name]

[name]
Corporate Affairs
Citi Australia

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