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Forum Post: Banks bristle at breakup call from Sandy Weill

Posted 4 years ago on July 27, 2012, 1:37 p.m. EST by TheTrollSlayer (347) from Kingsport, TN
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[-] 2 points by ThomasKent (131) 4 years ago

Deep in this article we find quotable, “consulting firm Bain & Co, which was hired by Citigroup to do a study, concluded that tax considerations made a breakup inefficient,”

Let’s talk about having your cake and eating it, too. Suppose this meant the new Citigroup banks resulting from the split would have to pay higher taxes. What’s wrong with that?

Citigroup thinks it is OK when the taxes used to bail them out comes from ordinary people, but its not OK for Citigroup to have higher tax liabilities.

[-] 2 points by TheTrollSlayer (347) from Kingsport, TN 4 years ago

Another reason I'm a Max Keisor fan.

[-] 1 points by TheTrollSlayer (347) from Kingsport, TN 4 years ago

He's part of what has taught me enough about what the financial " cartel " was really all about. The whole mess was very confusing to the lesser educated crowd, like myself, but with the help of inside job and frontlines piece on wall street, as well as you tube, i've gotten an better understanding of how rotten the "elites " really are and a government that that only seemed to aid such. Personal theory of mine, one reason for not prosecuting such would be the perts would be naming whoever all and that it would indeed include politicians once faced with prosecution.

[-] 1 points by ThomasKent (131) 3 years ago

He's very interesting.

[-] 1 points by shadz66 (19985) 4 years ago

To dovetail with and compliment this excellent 'forum-post' :

radix omnium malorum erst cupiditas ...

[-] 2 points by TheTrollSlayer (347) from Kingsport, TN 4 years ago

I thank you. Since becoming more informed about those financial terrorists It seemed strange to me that one of their own up there would take such a position. Is it possible the grinch grew a heart ?

[-] 2 points by shadz66 (19985) 4 years ago

'The grinch grew a heart' ?! Hmmm possibly but I put it more down to a vestigial conscience still firing a dull spark and possibly even an element of guilt compounded by a degree self preservation !!

I append some hopefully useful links :

'Keep Slaying' !!! ~{;-)

pax et lux