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CNBC Power Lunch July 25, 2012



right now the shares down at 81.05. to see now at the nyse. hi, sue. hi, ty. a major shocker as you mentioned this morning as the man responsible for modern day banking, make everybody do a double take. former citigroup chairman and ceo sandy weill was the guest host. it was only on cnbc. what we should probably do is go and split up investment banking from banking. have banks be deposit takers. have banks make commercial loans and real estate loans. and have banks do something that s not going to risk the taxpayer dollars. that s not going to be too big to fail. if they want to hedge what they re doing in their investments, let them do it in a way where it s marked to market. that s a radical idea, though. breaking up the investment banks and banks. are you suggesting going back and breaking the companies up? that s exactly what i m suggesting. when i say i m speechless i m speechless. i apologize. all right. let s get to the washington side of this story. ....

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