<p>[Wall</a> Street Legend Sandy Weill: Break Up the Big Banks - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/wall-street-legend-sandy-weill-130648684.html;_ylt=AufVsd90j2wGZoTW6hvqijyiuYdG;_ylu=X3oDMTQzM2xxMDI5BG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM5YTliYWM3My1mNDhmLTM2MjAtYjRkMC05NmRjNzYxNmQwMzQEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDM2QwMjU2ZjktZDY2NS0xMWUxLWJlZWYtZTZiNzA2MWRkZjNi;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3]Wall”>http://finance.yahoo.com/news/wall-street-legend-sandy-weill-130648684.html;_ylt=AufVsd90j2wGZoTW6hvqijyiuYdG;_ylu=X3oDMTQzM2xxMDI5BG1pdANGaW5hbmNlIEZQIEp1bWJvdHJvbiBMaXRlBHBrZwM5YTliYWM3My1mNDhmLTM2MjAtYjRkMC05NmRjNzYxNmQwMzQEcG9zAzEEc2VjA2p1bWJvdHJvbgR2ZXIDM2QwMjU2ZjktZDY2NS0xMWUxLWJlZWYtZTZiNzA2MWRkZjNi;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3)</p>
<p>Sandy Weil is now the voice of reason,?.. What a hypocrite…</p>
<p>[Sandy</a> Weill - 25 People to Blame for the Financial Crisis - TIME](<a href=“http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877329,00.html]Sandy”>http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877329,00.html)</p>
<p>I prefer to look at Weill as a turncoat. ;)</p>
<p>Perhaps when he returns his ill-got gains.</p>
<p>:)…</p>
<p>Tough crowd. :)</p>
<p>“You didn’t answer my question earlier.
Has the residential real estate market cooled in the south bay?”</p>
<p>oh yeah it has… big time</p>
<p>My jaw hit the floor when listening to Weill today. Arron Sorkin was speechless! But Weill is completely right. The banks need to be broken up. Investment banking should be done only by investment banks, with complete transparency. Investors will know that they are taking a chance by putting their $ in IB’s. are And if some idiot at an IB screws up big time, then that bank can fail, investors might lose their $$, and US taxpayers won rescue them.
Transparency trumps all. I’m a big picture thinker and I appreciate that Weill stepped back, thought a lot about what created the financial crisis, and changed his mind. My hats off to him.</p>
<p>Easy to say big banks need to be broken up, AFTER you have made your fortune…</p>
<p>The best way to get a meaningful change in the banking sector is to have people like Sandy Weill change their minds.</p>
<p>I will play delusional and think there is a chance now for meaningful change. I think people are now reevaluating their stances on the banking industry. </p>
<p>Somebody had to go first. Might as well be the guy that accelerated the mess.</p>
<p>Menloparkmom, that’s it? I get one stinking line about housing in the south bay? :)</p>
<p>I heard SF real estate is blazing hot.
I agree with you about Sandy Weill.
A lot of jaws dropped today.</p>
<p>Menloparkmom, that’s it? I get one stinking line about housing in the south bay. </p>
<p>sorry darling! SF is hotter because that is where the non-facebook, young single millionaires working for SF based companies and start ups want to live.</p>
<p>:)…</p>
<p>My daughter works in SF. So many young people, doing well, working for startups. I wonder how many of these startups will end up making money?</p>
<p>These startups are the new gold rush.</p>
<p>These startups are the new gold rush. </p>
<p>yup! It does feel a bit like the late 90’s- lots of smart young people with ideas and lots of VC $ chasing those ideas… hope it doesn’t end the same way…</p>
<p>There was an article that I read somewhere that said that younger workers are migrating back to the city - they want the city life, and they don’t want the suburban commute. It sounds like a problem for the bigger tech companies.</p>
<p>Of course if these younger workers have kids, then they’ll need to shell out for private schools if they stay in SF.</p>
<p>Yeah… Me too. Menloparkmom.</p>
<p>That’s true BCEagle91.</p>
<p>I think a lot of young people will leave the city when they have kids. My daughter expects to leave the city someday. Right now, she loves the city.</p>
<br>
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<p>I have ideas too - just not the hobby time to implement them. I get some ideas from these boards. I have a notebook that I put them in in case I ever get around to learning how to write apps.</p>
<p>That would be cool.</p>
<p>Watching 850k home , recently purchased getting torn down… To be replaced with a 3000-4000 sf at 200 per sf±…beach properties still working in a soft overall housing market</p>
<p>[China</a> Shifts Course, Lets Yuan Drop - WSJ.com](<a href=“China Shifts Course, Lets Yuan Drop - WSJ”>China Shifts Course, Lets Yuan Drop - WSJ)</p>
<p>We should print $100 Trillion - do you think that would weaken the US$?</p>
<p>I feel bad for the Zynga investors. I actually thought about jumping in at $7 because when Farmville first came out I had a bunch of friends asking for requests and it drove me nuts I had to filter out the app posts from my FB. Then came Cityville and my friends convinced me to just try the game. </p>
<p>I thought Cityville was cool since you had to make your virtual city as profitable as possible at the same time designing the space. You try to figure out </p>
<p>
…which businesses to build that had the greatest profit,
…which airplane and train routes and crops to plant that yield the greatest amount of goods at the least cost,
…which apartments, houses, hotels to build that will bring in the most people and the more people the more profitable the businesses and the faster your city will grow.</p>
<p>All of these you can do without paying a single cent which I am happy to admit. I didn’t shell a single penny when I played that game. </p>
<p>However, I knew my friends were putting in some cash into Zynga because there are some businesses, residences, decorations that you can only get by paying for it. This is about the time when Zynga went down to $7 and I thought of dipping my toes since obviously people were willing to pay for virtual crops, residences, decorations even cars zipping around the city. I decided against it because I really thought this was not a sustainable business model.</p>
<p>Then everyone just started getting tired of it because Zyngas Cityville was putting in too many inane goals that clutters the screen, players didnt have time to be creative or design their city or make the city profitable which was the initial attraction for me.</p>
<p>Hopefully, the Zynga people will figure something out really quick to turn around their current dire situation.</p>
<p>I personally hate Zynga.</p>
<p>I built a computer with a Gigabyte motherboard last year. I had to download and install some tools to control BIOS settings and in setting them up, I noticed that there were some Zynga files/games left on my computer and desktop. I deleted them the best I could and they kept coming back on reboot. I went search on the web to try to figure out how to get rid of this stuff (I hate stuff that reinstalls itself after you delete it - smacks of a virus) and found that a lot of other people had this problem from various sources. I eventually figured out how to get rid of it for good.</p>
<p>But I will have to reinstall it again if I need to play around with system settings in the future - and then remember how to get rid of it. I don’t particularly like companies that do this sort of thing.</p>
<p>Hmmm, deleting the temp internet files and the cookies is not enough? I do that everytime I play. And Norton is running whenever I play. Do you remember the extensions of the Zynga files so I too can do a search if it is in any of my drives?</p>