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Former Citigroup CEO says 'Break Up the Megabanks'


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Former Citigroup CEO says 'Break Up the Megabanks'

Common Dreams staff

Sandy Weill, former CEO of banking giant Citigroup and widely regarding as the creator of the "financial supermarket" model that dominates global capitalism, made waves today by saying that he believes the largest US banking conglomerates are unnecessary, harmful, and should be broken up.