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kestrel91316

(51,666 posts)

12. Glass-Steagall isn't coming back. Congress lacks the spine to stand up

Reply to grantcart (Original post)

Wed Jul 25, 2012, 11:11 AM

Jul 2012

to the 1%, and Mr. Weill is only one person.

The genie is out of the bottle, and the bottle has been smashed.

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Major Breaking News - Former Citicorp CEO calls for return of Glass Stegall & bank breakup. [View all] grantcart Jul 2012 OP

I hope this gets noticed Tom Rinaldo Jul 2012 #1

Sounds like he wants to run for office, to me. dixiegrrrrl Jul 2012 #33

Too late, Mr. Weill. annabanana Jul 2012 #2

It will but Romney and other Republicans in a very difficult position. grantcart Jul 2012 #3

This is a ProSense Jul 2012 #18

my point is that when it comes up in the debates or in MASS with Brown/Warren it is a huge weapon to grantcart Jul 2012 #25

That would be a happy day!!! goclark Jul 2012 #19

Still, it's ProSense Jul 2012 #20

It should have been done in 2009. girl gone mad Jul 2012 #39

Well done, well supported. Festivito Jul 2012 #44

Just what I was thinking. lilithsrevenge12 Jul 2012 #46

Wow. K&R myrna minx Jul 2012 #4

I worked for a Citi subsidiary in the late 90's when they bought Travelers. Snarkoleptic Jul 2012 #5

AL Williams grantcart Jul 2012 #9

Yup, Sherman A1 Jul 2012 #42

Very interesting information... virgdem Jul 2012 #14

The heist must be completed. Greybnk48 Jul 2012 #6

What CONGRESS did. They make the decisions. randome Jul 2012 #8

Repeal Graham-Bliley-Leach and bring back Glass-Steagall. n/t BumRushDaShow Jul 2012 #7

LOL "former" Javaman Jul 2012 #10

What now that thinks are fucked you... lonestarnot Jul 2012 #11

Glass-Steagall isn't coming back. Congress lacks the spine to stand up kestrel91316 Jul 2012 #12

WTF does he care... he's cashed in his chips. redqueen Jul 2012 #13

+1T. magical thyme Jul 2012 #30

+1 pam4water Jul 2012 #32

Agree - we have the power of taxation and the IRS can confiscate TBF Jul 2012 #45

Given that he opposed the lavish bonuses taken by investment bankers ... ieoeja Jul 2012 #15

"Weill left Citigroup in 2006" ProSense Jul 2012 #16

Sure, it was "right for the time." malthaussen Jul 2012 #23

Former. No one cares about the obvious anymore. nt valerief Jul 2012 #17

disagree. the folks at CNBC were stunned, and they still like him. grantcart Jul 2012 #24

Youbetcha Berlum Jul 2012 #21

Good to see someone of his former stature out in front on this, elleng Jul 2012 #22

Good it's about time gopiscrap Jul 2012 #26

he knew glass-stagall was in everyone's interests except his own at the time. unblock Jul 2012 #27

He and his friends got theirs. salib Jul 2012 #28

No One will trust you if you don't Regulate and lovuian Jul 2012 #29

Except how is Weill ever going to get Lil Timmy to agree? truedelphi Jul 2012 #41

Sure, sure go ahead and close it...... DeSwiss Jul 2012 #31

k&r n/t RainDog Jul 2012 #34

Thanks for the info FailureToCommunicate Jul 2012 #35

Shorter Weill: JoeyT Jul 2012 #36

I see it different. Once the big fish have eaten all the little fish, they become afraid they will rhett o rick Jul 2012 #37

My response to him is "get fucked, and I hope you die pennyless, asshole". nm rhett o rick Jul 2012 #38

Another 1%-er pulls a Wendell Potter eridani Jul 2012 #40

he says it after he made his pile. just wants to make it hard for other 'entrepreneurs' of finance. HiPointDem Jul 2012 #43