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10nisman

02/12/12 3:12 AM

#136893 RE: linhdtu #136888

i can't remember now who said it, either sandy weil of citi or jamie dimon of jp morgan, but one of them quipped that " while the music played, one has to dance " when asked in the aftermath of the financial crash of 2008 which brought about the great recession, why do too big to fail banks indulged in such self destructive behavior.

It was Chuck Prince, CEO of Citi.