An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, July 25, 2012
John Carney — Sandy Weill: The Guy Who Made the Bank Monster
So the inventor of the financial superstore has finally turned against his creation.
Right, now they will make a fortune on the commissions from dealing the shares in the divestiture ...... they clean up both coming and going ....... TOBAL!
Rodger Malcolm Mitchell has an interesting piece up today. I think it describes banking and the national debt in a somewhat unique way. Might be worth posting here at MNE…
Theres no hyperlink.
ReplyDeleteThanks, Link fixed now.
ReplyDeleteRight, now they will make a fortune on the commissions from dealing the shares in the divestiture ...... they clean up both coming and going ....... TOBAL!
ReplyDeleteHey Tom,
ReplyDeleteRodger Malcolm Mitchell has an interesting piece up today. I think it describes banking and the national debt in a somewhat unique way. Might be worth posting here at MNE…
http://rodgermmitchell.wordpress.com/2012/07/25/loans-deposits-fiscal-prudence-and-financial-nuttiness-all-rolled-into-one/#comments