Used to be we had a banking system that worked for everybody: citizens, investors, working people,
entrepreneurs and banks. But that was when the banks were sensibly regulated so they couldn’t be manipulated to benefit the few at the expense of the rest of us. You remember those days, before Bill Clinton turned the democrats into a bunch of corporate lap dogs and half the people in government weren’t completely bought yet.
Enter Sandy Weil. If you’ve never heard of Sandy Weill, he’s a former Chairman and CEO of Citigroup He actually created CitiGroup, the first Too Big Too Fail bank, in 1998 when he merged Travelor’s Group with Citicorp . . he was on Squawk Box recently, I assume, to explain how his plan for world domination was going swimmingly until James Bond ruined everything, blew up his secret lair and stole his wife. But he came on to tell everybody how deregulation the banks was just a mistake made by well intentioned people (who just happened to make an obscene fortune off their mistake).
Gore Vidal passed away last week and Steve Rosenfieldlaments the loss of all our “Mid-Centuryguys” in another one of his brilliant and often hilarious essays.
Tuesday’s with Moron is back and he’s upset about the intolerance of liberals over the Chick-fil-A wanting to deny gays equal rights.
Originating from KPFK 90.7 FM in Los Angeles, The Jimmy Dore Show is an irreverent and humorous take on today’s headlines and hypocrites. The program skewers politicians as well as the corporate mouthpieces which make up today’s mainstream “news media.” Each and every week, The Jimmy Dore Show provides the unvarnished truth with a twist of funny.
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