Thursday, August 2, 2012
A Canalha de Wall Street: O Homem que Inventou o Too Big To Fail
Não há força mais poderosa na destruição do capitalismo do que a canalha que tomou de assalto Wall Street. Sanford Weill é um de seus maiores expoentes, ele inventou o too big to fail liderando o Citibank para criar o gigantesco Citigroup e agora, surpreendente e ironicamente, defende a separação de bancos entre bancos comerciais e de investimento. Through his ambitious (and at the time not yet legal) decision to merge Citibank, Travelers, and Salomon Brothers into one giant wrecking ball of greed, self-dealing and global irresponsibility called Citigroup, Weill more or less single-handedly created the Too-Big-To-Fail problem. You know, the one currently casting that thick, black doomlike shadow over all humanity which, if you look out your window, you can see floating over all our heads this very minute. Nonetheless, Weill came out last week against Too Big to Fail banks. "I’m suggesting," he told astonished reporters on a live CNBC interview, "that they be broken up so that the taxpayer will never be at risk…. What we should probably do is go and split up investment banking from banking."
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