Why Hasn’t Citigroup’s Banking Charter Been Yanked?

With the blessing of its regulators, including the Federal Reserve, Citigroup was allowed to replicate the precise banking model which had brought on the 1929 crash and Great Depression: it was allowed to hold savings deposits while making wild speculations on Wall Street and selling bogus stocks to the hapless public… Read More Why Hasn’t Citigroup’s Banking Charter Been Yanked?