Smith Barney is part of Citigroup Global Markets, Inc., and is one of the nation's largest brokerage firms. Smith Barney manages almost $1 trillion in assets and 7.1 million client accounts, with over 500 offices worldwide.
Smith Barney was involved in one of the most notorious securities fraud cases in recent history, the Worldcom scandal. Smith Barney analyst Jack Grubman publicly praised Worldcom stock, while the company's performance declined. Meanwhile, Smith Barney was collecting millions of dollars in investment banking fees from Worldcom.Learn More