When It Comes to Financial Market Reform…

July 25th, 2012 at 3:21 pm

…it seems to me that the people you want to listen to are the ones who built the architecture that failed and now see the follies of their ways…like former Citigroup CEO Sandy Weill…over at MSNBC.com.

Update: You get the popcorn, I’ve got a clip of a few of us discussing Weill’s statements on CNBC earlier today.

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Categories: Financial Markets, New Posts | 1 Comment »

One comment in reply to "When It Comes to Financial Market Reform…"

  1. JimZ says:
    July 26, 2012 at 1:19 pm

    Had the same sentiments, for a few moments, back in the Fall of 2008, regarding Alan Greenspan:

    “I have found a flaw. I don’t know how significant or permanent it is. But I have been very distressed by that fact….I made a mistake in presuming that the self-interests of organizations, specifically banks and others, were such that they were best capable of protecting their own shareholders and their equity in the firms….”

    But, sigh, no –