Wall Street Legend Sandy Weill: Break Up Big Banks

(via Taibbi)

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“Okay, so then the question becomes – Glass-Steagall,” Sorkin said. “You’re almost referring to bringing back Glass-Steagall, in some respects.” Now, what Sorkin actually meant to say here was, “Hey, asshole, we had to repeal Glass-Steagall just to make your Citigroup merger legal, remember? And now you’re pontificating, telling us we need to bring it back? Are you joking?”

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