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sarcasmo

sarcasmo's Journal
sarcasmo's Journal
July 26, 2012

Break up big banks, former Citigroup CEO Sanford Weill urges

Source: LA Times

Snip< "I think what we should probably do is go and split up investment banking from banking. Have banks be deposit takers. Have banks make commercial loans and real estate loans. And have banks do something that's not going to risk the taxpayer dollars, that's not going to be too big to fail," Weill, the former chief executive and chairman of Citigroup, said on CNBC's "Squawk Box."

Read more: http://www.latimes.com/business/money/la-fi-mo-weill-citigroup-break-up-big-banks-20120725,0,2305011.story

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