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Posts Tagged ‘Simon Johnson 13 Bankers’

Breaking Up the Banks? . . . Just a Start

Posted by Larry Doyle on July 26th, 2012 6:50 AM |

The news yesterday that once renowned banker Sandy Weill has called for the breakup of the now “too big to fail” banks is treated as some sort of earth shattering news development. News? Really? “Sandy, where ya’ been, my man?

In the neighborhood of my youth, news of that sort was typically used to wrap the daily catch down at the local pier.

While those on the airwaves may care to direct a measure of respect to Mr. Weill, the call to break up the “too big to fail” banks is little more than yesterday’s news. Who made this call early on?¬† (more…)

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