Parsons Says End of Glass-Steagall Led to Crisis

Parsons Says End of Glass-Steagall Led to Crisis Play

April 20 (Bloomberg) -- Bloomberg's Erik Schatzker and Stephanie Ruhle report that Richard Parsons, speaking two days after ending his 16-year tenure on the board of Citigroup Inc. and a predecessor, said the financial crisis was partly caused by a regulatory change that permitted the company’s creation. They speak on Bloomberg Television's "Inside Track."

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