Washington Post: Michael Lewis wants to break up the big banks. So do a lot of other people.

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Washington Post: Michael Lewis wants to break up the big banks. So do a lot of other people.

Talk about burying the lede. In the final two paragraphs of his New Republic review of Greg Smith’s “Why I Left Goldman Sachs,” Lewis, the most celebrated financial reporter in the country, calls for breaking up the big banks.

Lewis isn’t alone. Sanford Weill, the former head of Citigroup, wants to break up big banks. So does former Morgan Stanley CEO Phil Purcell. And Richard Fisher, the head of the Dallas Federal Reserve. And Simon Johnson, the former top economist at the IMF. And Sheila Bair, former head of the Federal Deposit Insurance Corporation. And Thomas Hoenig, vice-chairman of the FDIC. And Mervyn King, governor of the Bank of England. And Joseph Stiglitz, the Nobel prize winning economist. And Alan Greenspan, the former chairman of the Federal Reserve. The list goes on.

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