Buffett Says Banks Free of Excess Pose No U.S. Threat

2013-01-10 — bloomberg.com

Former bank executives and regulators have said the largest lenders still pose risks to the economy four years after the bailouts and two-and-a-half years after lawmakers passed sweeping reforms to Wall Street regulation. Citigroup ex-CEO Sanford "Sandy" Weill said last year that deposit-taking and lending operations should be split from investment banking to prevent another financial crisis.

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