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...
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.
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...
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?
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 ...
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.
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...
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.
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-...
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.
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...
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?
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.
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.
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...
Amid public furor over giant Wall Street bonuses and lingering anger over the trillion-dollar bailout of financial firms, a number of prominent banker...
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, ...
A former CEO of Citigroup says there should be "some kind of separation" between commercial banking and investment activities, joining a growing list ...