Citis $476 Billion Bank Bailout...What Happened? @LogicallyAnswered
Citis $476 Billion Bank Bailout...What Happened?  @LogicallyAnswered
Uploaded June 2025 | Updated September 2026, 2 weeks ago
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Citi was once the biggest bank on Earth. Then it needed nearly half a trillion dollars in bailouts to survive. But behind that collapse lies a brutal story of ego, betrayal, and ambition—between two men who changed banking forever: Sandy Weill and Jamie Dimon. Once mentor and protégé, they became bitter rivals whose falling out helped trigger the financial crisis itself. This isn't just a story about bad loans or risky bets. It's a story about how personal pride, nepotism, and resentment at the top of Wall Street reshaped global finance. From Jamie’s quiet rise to Sandy’s empire-building obsession, to the repeal of Glass-Steagall and the explosion of subprime mortgages, every chapter pushed Citi closer to collapse—while Jamie quietly built a bank that would survive the 2008 crash almost untouched. It’s a story of ambition, betrayal… and two very different visions of what it means to lead.

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Timestamps:
0:00 - Citi Crumbles
0:30 - The Protoge
6:52 - The Betrayal
10:03 - The Reckoning

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Citi's $476 Billion Bank Bailout...What Happened?

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