Citi’s Parsons: Banks being ‘vilified’ for financial crisis
Citigroup Inc.'s new board chairman, Richard Parsons, said financial institutions are being targeted for creating the nation's financial crisis, but they aren't the only ones responsible.
Citigroup Inc.'s new board chairman, Richard Parsons, said financial institutions are being targeted for creating the nation's financial crisis, but they aren't the only ones responsible.
"Everybody participated in pumping up this balloon. Now the balloon has deflated," he said Monday. "Everybody
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