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Sandy Weill

Money Rules

Leo W. Gerard | Posted 09.21.2013 | Politics
Leo W. Gerard

Banks are corporations, which are legal entities established under rules written by people. Their existence should advance America and Americans. Not the other way around. Many in Congress need to be reminded of that.

The Nicest Wall Street CEO Still Opposes Ending 'Too Big To Fail'

The Huffington Post | Bonnie Kavoussi | Posted 08.21.2012 | Business

Citigroup CEO Vikram Pandit -- a man of the people by Wall Street standards -- still opposes breaking up big banks like his and ending "too big to fai...

That's Not Sandy Weill, It's ... Borat?

The Huffington Post | Bonnie Kavoussi | Posted 08.08.2012 | Business

Ace Greenberg, former CEO of Bear Stearns, can't believe former Citigroup CEO Sandy Weill in fact called for the breakup of big banks last month. I...

Sandy Weill's Bank Breakup Hindsight isn't 20-20

Carol Roth | Posted 10.07.2012 | Business
Carol Roth

While the repeal of Glass-Steagall was certainly a part of making our system fragile to the point where it is at today, thinking that a simple solution like breaking up the banks will be the panacea that we seek is incredibly naïve.

Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

The Huffington Post | James Sunshine | Posted 08.06.2012 | Business

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it...

Taibbi Blasts NYT Writer: 'Most Credulously Slobbering Financial Reporter On The Planet'

Posted 08.01.2012 | Business

Matt Taibbi isn't letting CNBC host and New York Times columnist Andrew Ross Sorkin off the hook for letting Sandy Weill off the hook. Taibbi, the ...

The Missing Business Voice -- Can Sandy Weill Lead the Parade?

Judith Samuelson | Posted 09.29.2012 | Business
Judith Samuelson

The cynicism that is engendered when someone like Weill, or Welch, changes his stripes is understandable. Who wants to hear from the guys who already cleaned up in Act 1? But, frankly, I find it refreshing. Where are today's leaders on these same subjects?

Jamie Dimon Still Likes Being Too Big To Fail, But His Org-Chart Shuffle Hints Otherwise

Mark Gongloff | Posted 09.26.2012 | Business
Mark Gongloff

Jamie Dimon, famous lover of giant banks, doubled down on that love today, at least in word. But in deed he may be building an escape pod.

WATCH: Jon Stewart 'Fingers Some A**holes and Then Gives Them a Vigorous Tongue-Lashing'

The Huffington Post | Christine Friar | Posted 09.26.2012 | Comedy

Jon Stewart debuted a new segment called "Jon Stewart Fingers Some A**holes and Then Gives Them a Vigorous Tongue-Lashing" on Thursday night's "Daily ...

Ex-Wells Fargo CEO: 'Investment Bankers Are Risky, Not Investment Banking'

The Huffington Post | Alexander Eichler | Posted 07.26.2012 | Business

Banks don't lose money. People lose money. That seems to be the feeling of Richard Kovacevich, the former chairman and CEO of Wells Fargo. "Why thi...

Banks May Just Break Themselves Up

Mark Gongloff | Posted 09.25.2012 | Business
Mark Gongloff

Open secret: Banks themselves, including the abomination Weill created, Citigroup, would be worth a lot more if they were broken into smaller pieces.

Sandy Weill: Too Little, Too Late

Charles Gasparino | Posted 09.24.2012 | Business
Charles Gasparino

Sandy Weill's Citigroup engaged in fraud on a massive scale, unfettered risk taking and then needed a massive taxpayer bailout during the 2008 financial crisis because it was so big it couldn't be managed. Yet only now does Weill say it was all a mistake.

Too Big To Fail Banker Concedes That Banks Are Too Big To Fail

The Huffington Post | Bonnie Kavoussi | Posted 07.25.2012 | Business

In a stunning reversal, a former big bank CEO who crusaded for policies that helped create the so-called "too-big-to-fail" banks now says we need to b...

Why Are Our Political Leaders Jumping to Jamie Dimon's Defense?

David Paul | Posted 07.20.2012 | Politics
David Paul

It may be that what we are actually watching is a not very subtle food fight between our two political parties for campaign cash. Simply stated, this is not about Dimon's management skills, rather it is about his wallet.

Too Big To Fail Architect: Don't Blame Me!

Mark Gongloff | Posted 07.07.2012 | Business
Mark Gongloff

The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...

For He's a Jolly Good Scoundrel

Robert Scheer | Posted 06.19.2012 | Business
Robert Scheer

George Washington, Ralph Waldo Emerson and Albert Einstein must be rolling in their graves at the news that Sandy Weill, "philanthropist and retired Citigroup Chairman," has joined their ranks at the American Academy of Arts & Sciences.

New Owner Of Sandy Weill's $88 Million Dollar Apartment

AP | Posted 02.17.2012 | New York

NEW YORK (AP) — The family of a Russian billionaire has bought a New York City penthouse apartment for $88 million. The Wall Street Journal (http...

Russian Chemist Buys Sandy Weill's $88 Million 'Charity' Penthouse

Posted 12.19.2011 | New York

The world's 93rd richest man will now be the new resident of the $88 million dollar penthouse once dwelled by one of Time's "25 People to Blame for th...

Return of the Great Triangulator

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

How desperate is Obama that he would turn to the great triangulator, Bill Clinton, who opened the floodgates to banking greed, for validation of the sorry opportunistic hodgepodge that passes for this administration's economic policy?

The Man Who Shattered Our Economy

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Sandy Weill, who as former CEO of Citigroup did so much to create the foreclosure crisis, just bought a Sonoma wine vineyard for a record $31 million. No doubt his will be the grapes of wrath.

Lloyd Blankfein's Days Are Numbered as Chairman of Goldman Sachs

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

If history is any guide, Blankfein may not go tomorrow, or even next month, but sometime in 2011, Blankfein will at the very least no longer be chairman of Goldman, and may also be forced out of the firm altogether.

The F Word: Hard At Work Figuring Out Imbalance

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

For a little balance on the deal reached between New York City's residential building owners and their hard working janitors and doormen -- It's not a...

Bank Execs Take Corporate Jets To World Economic Forum In Davos

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Amid public furor over giant Wall Street bonuses and lingering anger over the trillion-dollar bailout of financial firms, a number of prominent banker...

Sandy Weill, Former Citi CEO, Has Trophy That Reads 'Glass-Steagall 'Shatterer'

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Don't confuse Sandy Weill for those Wall Street execs who fret over "optics." In a melancholy NYT profile of Sandy Weill over the weekend, the for...

Sandy Weill Tells NY Magazine: ‘I'm Not Really Wanting of Objects'

Daily Intel | Jada Yuan | Posted 05.25.2011 | Business

Last night at the opening-night gala for Alvin Ailey American Dance Theater, New York reporter Jada Yuan came face to leathery face with Sandy Weill, ...