Faxon tight with Citi

BRIGHT LIGHTS, BIG CITI: Roger Faxon is said to have a very strong relationship with Citi and could be instrumental in the negotiations with the bank over the future of EMI. Does Faxon have a plan up his sleeve to save the company he heads? Some of his close associates believe he’ll be able to command a seat at the table with the new owners, whoever they may turn out to be. (1/27a)