Posted by pete 10 months ago In:

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Ludicrous Times Op-Ed Forgets Entire Year of Wall Street History

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http://readersupportednews.org/opinion2/276-74/12740-ludicrous-times-op-ed-forgets-entire-year-of-wall-street-history  ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 

Ludicrous Times Op-Ed Forgets Entire Year of Wall Street History  -----------------------------------------------------------------------------------------------------------------------------------------------------------

  

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pete
pete Answered:

snip   -----------------  

t was riotous, side-splitting comedy last week when Sanford Weill, the onetime head of Citibank, went on CNBC to announce that he thought it was time to break up the big banks.   -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Why this was funny: Through his ambitious (and at the time not yet legal) decision to merge Citibank, Travelers, and Salomon Brothers into one giant wrecking ball of greed, self-dealing and global irresponsibility called Citigroup, Weill more or less single-handedly created the Too-Big-To-Fail problem.

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