Former Citi chairman says financial crisis was partly due to ending Glass-Steagall.
By Kim Chipman and Christine Harper, Bloomberg|April 20, 2012 at 05:21 AM
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Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company’s creation.
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