The former CEO of Citicorp, which merged with Travelers Insurance in 1998 to create the mega-bank Citigroup, told the Financial Times in an interview published Sunday that it's time to reinstate the Glass-Steagall Act.
Sen. Elizabeth Warren (D-Mass.) has a friend in former Wall Street CEO John Reed. “These cultures [investment from commercial
The 2010 Dodd-Frank financial reform law was designed to end government bailouts of too-big-to-fail banks by creating mechanisms