Notable Quote

We are what we repeatedly do. Excellence, therefore, is not an act but a habit. Aristotle

Will somebody take Sandy Weill’s temperature?

Sandy Weill could be running a very high fever. How high does it take for a person to hallucinate…105, 106? Could that explain why in a recent CNBC interview Weill called for the break-up of the big banks? The so called, “too-big-to-fail” banks.

His call is not extraordinary in itself (many happen to agree with [...]

Too “Even Bigger to Fail”

The banks were “too big to fail” before the 2008 crash. Do you know those same banks are even bigger today?

According to data compiled by Capital IQ, JP Morgan had assets of $1.3 trillion before the crash, now it has $2.3 Trillion. BofA went from $1.4T to $2.2T, Citi from [...]