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Tag Archives: Glass-Steagall Act

AN MBJ BANKING ANALYSIS: Weighing "Too big to fail"

It’s as if Johnny Appleseed suddenly developed a disdain for apples, says a banking and investment industry stunned by former Wall Street kingpin Sandy Weill’s condemnation of the marriage of depositor institutions and investment banking. After all, having the two tie the knot was Weill’s idea, they say, pointing to the former Citigroup chairman’s successful lobbying of the Clinton administration ...

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