Thursday, April 29, 2010

TODAY'S QUOTE

"The problem is the business model," Spitzer said. "The banks are playing so many roles with so many people... that nobody knows to whom they owe a duty of loyalty. Most of what they do has nothing to do with the public purpose that we want investment bankers to play."--Elliot Spitzer
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1 comment:

  1. nswfmApril 29, 2010 at 5:43 PM

    Enough already--they need to separate the IB function from the bank function from the insurance function. What is the problem with these pinheads? It worked from the time of the post-Depression fixes until it was screwed up in 1999.

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