Wednesday, July 25, 2012

Break Up The Banks!

Break up big banks, former Citigroup CEO Sanford Weill urges - latimes.com

The crowd that wants to break up the biggest banks in the wake of the financial crisis has a new member — a former big banker.

Sanford "Sandy" Weill, who helped build Citigroup Inc. into one of the nation's largest financial institutions, shocked many people Wednesday when he said that investment banking should be separated from traditional banking...

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