Sandy Weill Explains How Glass-Steagall Could Not Have Prevented The...
Sandy Weill already said that Wall Street banks should be broken up on Squawk Box this morning, so there was obviously one question lingering in the air. And Andrew Ross Sorkin got right to it: "Do we...
View ArticleBANKER BOXER: 'If You're Getting Paid The Same Number As A Brain Surgeon,...
Jefferies Group managing director Sean George, who heads credit derivatives at the firm, competed in his first Muay Thai competition-- a physical combat sport that uses punches, kicks, elbows and knee...
View ArticleIn Case You Didn't Notice, Sandy Weill Totally Ran Squawk Box This Morning
Former Citi CEO and Wall Street legend Sandy Weill is hosting Squawk Box today, and it's unlike anything we've ever seen. He's waxing philosophical on everything (Weill even called for the break-up of...
View ArticleWe Never Stopped Bailing Out Wall Street
Neil M. Barofsky, formerly the special inspector general in charge of oversight of the Troubled Asset Relief Program, has written a just -released book about the Great Bailout, "Bailout: An Inside...
View ArticleHere's Why It's So Crazy That Sandy Weill Wants To Break Up The Banks
Former Citi CEO and legendary Wall Street executive Sandy Weill shocked the financial industry today. While hosting CNBC's Squawk Box, he called for banks to be broken up — for retail banks to be...
View ArticleThe Man Who Invented "Too Big to Fail" Banks Finally Recants. Will Obama or...
I’m in Alaska, amid moose and bear, trying to steal some time away from the absurdities of American politics and economics. But even at this remote distance I caught wind of Sanford Weill’s proposal...
View ArticleMEREDITH WHITNEY: The Banks Are Breaking Up Now Whether They Like It Or Not
Meredith Whitney was just on CNBC's Closing Bell talking about Sandy Weill's shock announcement that he believes the banks should be broken up. You won't be surprised to know that the famed research...
View ArticleCharlie Gasparino's Comments On Sandy Weill's 'Break Up The Banks'...
We know Charlie Gasparino can lay down a serious tongue lashing, but this is a lot even for him. Yesterday, former Citi CEO (and one of the founders of the 'supermarket' bank concept) Sandy Weill...
View ArticleCNBC's Gary Kaminsky Goes On An Epic Sandy Weill Rant
We expect this from Rick Santelli, or maybe Joe Kernan, but we didn't see this epic Sandy Weill rant coming from CNBC's Gary Kaminsky. While speaking with Melissa Lee on the topic, he pointed out that...
View ArticleA Financial Law Professor Explains How Wall Street Banks Could Be Broken Up...
Now that former Citi CEO Sandy Weill has said that he thinks that Wall Street banks should be broken up, everyone's talking about how it could be done as painlessly as possible. And since Wall Street...
View ArticleMeet Ivan Boesky, The Infamous Wall Streeter Who Inspired Gordon Gekko
Ivan Boesky is the money-loving inside trader whose behavior in the 1980s inspired the famous fictional Wall Street character Gordon Gekko. In just under 25 years, Boesky went from serving as a law...
View ArticleEasily The Most Hilarious Analysis Of Sandy Weill's 'Break-Up The Banks'...
We will never get tired of things like this. New York Magazine's Daily Intel had the completely ingenious idea of rounding up all the clever similes and metaphors commentators are using to describe...
View ArticleGoldman Sachs Is Competing With An Upstart For The Honor Of 'Best 2012...
As banks report earnings for the second quarter of 2012, bankers get a rough idea of how fat their bonus will be. So far for 2012, Bloomberg reports that New York investment banks Jefferies Group and...
View ArticleJon Stewart Reamed Sandy Weill On His Show Last Night, And It Was Hilarious
Did you think for a second that Jon Stewart would let this opportunity to make fun of Wall Street go? Everyone is talking about Sandy Weill's shock about-face on the banking system. Why wouldn't they?...
View ArticleWall Street Instagrammers Are Getting Heat For Taking Pictures Inside Banks
Yesterday, Kevin Roose of New York Magazine, posted a slideshow of Instagram images from inside some of Wall Street's big banks. The feature includes artsy images posted to the social media site by...
View ArticleWe Can't Stop Staring At This Hilarious Sandy Weill GIF
This is really what the internet is made for. Since Sandy Weill, the godfather of the supermarket concept of banking, basically did a 180 on his life's work, Wall Streeters everywhere can't stop...
View Article14 Of The Most Extravagant Birthday Parties
When famous people celebrate their birthdays, they tend to go all out. But some of them really go over the top, spending millions of dollars on food, entertainment and party favors to ensure they...
View ArticleMeet Wall Street's Newest 'Best Athlete' Who Used To Beat Michael Phelps In...
Former NFL player Mark Rubin, who beat Olympic gold medalist Michael Phelps in swimming as a kid, is now officially the best athlete on Wall Street. Rubin, 26, who works in fixed income futures sales...
View ArticleThe Most Solid Explanation For Sandy Weill's Reversal On Big Banks We've...
Since Sandy Weill got on CNBC's Squawk Box last week and basically turned his back on his career's crowning achievement — the creation of a massive supermarket bank —Wall Street has been scrambling...
View ArticleWall Streeters Have Posted Tons Of Cell Phone Pictures From Inside The Big Banks
Daily Intel's Kevin Roose posted a bunch of Instagram photos last week taken by people within Wall Street banks. He tracked down the images using the popular photo sharing app's location tagging...
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