Without Taxpayer Help, Too Big to Fail Banks Would Only Break Even
Date: Feb 22 2013
Filed under: JP Morgan Chase, Bank of America, Citigroup, Banks, Wells Fargo, Financial Services
Wall Street banks once occupied a unique position of power, privilege, and prestige in this country. Looking back, the apogee was probably late in the Clinton administration, in the era of deregulation, when Treasury Secretary Robert Rubin — former co-chair of Goldman Sachs and future director of Citigroup — appeared on the cover of Time magazine with his…
Without Taxpayer Help, Too Big to Fail Banks Would Only Break Even originally appeared on DailyFinance.com on 2013-02-22T15:25:00Z.
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