Sanford Weill, the former Chairman and CEO of Citigroup, suggested on CNBC that banks should be broken up to separate retail from investment banking – a reform also widely proposed in Europe. This is a very significant move, as Robert Reich argued, given that Weill is widely credited as having developed the current Wall Street business model. Watch the interview with Weill below.
Sanford Weill suggests breaking up Banks
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“@SocialEurope: New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/56HSQNB4 HYPOCRITE
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“@SocialEurope: New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/56HSQNB4 HYPOCRITE
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"Sanford Weill suggests breaking up Banks" by NewsWatch: Sanford Weill, the former Chairman and CEO of Citigroup… http://t.co/ZBbdyXAA
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People demanding different banks http://t.co/35JJFhUa #blogs #breakup #cnbc” @LieveFransen
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New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/eCJHBkPV #blogs #breakup #cnbc
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New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/eCJHBkPV #blogs #breakup #cnbc
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New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/eCJHBkPV #blogs #breakup #cnbc
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former Citigroup CEO Sanford Weill suggests breaking up Banks — Social Europe Journal – http://t.co/LKmd4Nqw
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On SEJ: Sanford Weill suggests breaking up Banks http://t.co/mxpnlTkE
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Rt @SocialEurope On SEJ: Sanford Weill suggests breaking up #Banks http://t.co/aVkxcadP
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On SEJ: Sanford Weill suggests breaking up Banks http://t.co/mxpnlTkE
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Sanford Weill suggests breaking up Banks — Social Europe Journal http://t.co/QNpLQUOQ ^nr
New blogpost: "Sanford Weill suggests breaking up #Banks" by NewsWatch http://t.co/eCJHBkPV #blogs #breakup #cnbc