[Lazare]

In the context of Glass-Steagall:

1) Countrywide's primary business was mortgage lending, and it would have fallen on the retail side of the Glass-Steagall wall.

2) AIG had no retail banking, and would have fallen on the non-retail side of the wall.

3) Citi did not require the funds; banks were required to take TARP funds whether they needed them or not in order to avoid giving recipients a stigma. It later became clear that Citi (like other large integrated banks) did not need the funds, and they repaid them in full, with interest.

I'm not sure what point you're trying to make. The Glass-Steagall wall split banks up into the kind of retail bank that fell over during the GFC and the kind of non-retail bank that ell over during the GFC, and banned the kind of integrated banks which survived the GFC. It would not have stopped either what Countrywide did, nor what Lehman did; it would have stopped what Citi did. Do you dispute any part of that?