Big Freekin’ Deal
When Alfredo over at the Dairy Queen tells me that something is a big freekin’ deal, I tend to believe him. However, I could be blind and deaf and see that this is a BFD.
A stunning about-face by one of Wall Street’s trailblazers is emboldening lawmakers who have long called for breaking up the nation’s largest banks.
Sanford Weill, the former chairman and CEO of Citigroup, shocked the financial sector and its critics Wednesday, when he publicly called for the breakup of big banks to ensure the end of “too big to fail.”
Really? Really, big banks? You developed a conscience?
But Weill’s comments carry added weight because they come from a man who initially led the charge on creating gargantuan banking systems. Under Weill’s watch, the bank Citicorp merged with the financial firm Travelers Group to become Citigroup — a move that ushered in a new era of Wall Street giants and helped press Congress to repeal the Glass-Steagall Act.
This just ain’t a big freekin’ deal. This is a miracle act of God big freekin’ deal.
Thanks to Alfredo over at the Dairy Queen who personally invented the Chocolate, Chocolate and More Chocolate Blizzard.