Sandy Weill’s name may not be a household word, but it should be. If you want to blame just one man for the banks eating us all alive, he would be the one. As head of Citi-Group (or rather the bank that would become Citi-Group) he pushed through the repeal of the Glass-Steagall Act that had kept the banks in check for 2/3 of the 20th century.
He and others of his ilk were able to sell the idea (or more accurately buy the belief from politicians, the media and so-called experts) that modern bankers knew what they were doing. After all there hadn’t been a banking collapse since the end of the Republican Hoover administration in 1933.