Gee, I’m Really Sorry

Bob Ivry writes for Bloomberg,

Nov. 6 (Bloomberg) — John S. Reed, who helped engineer the merger that created Citigroup Inc., apologized for his role in building a company that has taken $45 billion in direct U.S. aid and said banks that big should be divided into separate parts.

“I’m sorry,” Reed, 70, said in an interview yesterday. “These are people I love and care about. You could imagine emotionally it’s not easy to see what’s happened.”

read more at Bloomberg news

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