— July 2012: Sandy Weill takes it all back, calling for investment banking to be separated from deposit taking—effectively reinstating Glass-Steagall he helped dismantle. His bad!


As Citi’s narrator says in the video, “Our reputation rests on the integrity and dedication of those that came before us.”

* List of updates: I originally said Weill bought Salomon Smith Barney in 1993. Smith Barney combined with Salomon in 1998. I added Mitchell’s tax evasion settlement in the 1933 item (h/t Mark Gimein). I added Sandy Weill’s astonishing support for breaking up the too big to fail banks.

Ryan Chittum is a former Wall Street Journal reporter, and deputy editor of The Audit, CJR's business section. If you see notable business journalism, give him a heads-up at rc2538@columbia.edu.