Who Is Sandy Weill?
”We just made the president of the United States an insider.“ –Sandy Weill Weil Goes to Washington Sandy Weill’s creation of Citigroup – the first so-called “superbank” – and his successful lobbying for repeal of the Glass-Steagall Act that stood in his way, was a demonstration of Weill’s and Wall Street’s political muscle. But what has been the impact of Glass-Steagall’s demise and the merging of investment banks and commercial banks within a single financial behemoth?