The biggest mistake Citi and other banks made during the boom, he said, was coming to believe that investing and trading on their own account, rather than on behalf of their clients, was a basic aspect of banking.
Businesses send shrewd employees, even their children, to school on their own account all the time.
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Some 70% of Goldman's net revenues now come from trading and investing on its own account.
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On her own account, Rose also wrote about how the company never quite grasped what her job entailed.
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Readers: have you noticed the amount of unwanted or spam-like friend requests decrease on your own account over the past month of two?
It is a conflict of interest which, outsiders argue, enables banks to make huge sums of money on their proprietary trading (dealing on their own account).
Huw van Steenis, an analyst at Morgan Stanley, says that since investment banks are now relying more on client businesses and less on trading on their own account, revenues have become more volatile.
But it is profoundly embarrassing for him that it was not till the end of 2010 that - on his own account - he began to learn of the scale of malpractice at newspapers that were his responsibility.
Even some of the better-regarded ones indulge in all sorts of market abuses, such as lending money raised on the stockmarket to the parent company rather than investing it, or speculating in the stockmarket on their own account.
Broadly, though, all banks earn money through some combination of maturity transformation (borrowing short and lending long), taking credit risk (ie, lending to people who may not pay it back) and earning fees and punting on their own account in the capital markets.
T-Mobile on its own could account for 8% to 12% of iPhone sales in the quarter.
As of this writing, Sir Mix-a-Lot has not responded on his own Twitter account.
After graduating, Dalio went to Harvard Business School, where he traded commodities grains, oil, cotton, and so on for his own account.
So everybody who is trying to make Iraq their own influences appear on the account of the Iraqi people needs to recalculate for it will not happen.
Nearly all are small, local producers that make relatively little vodka on their own, but collectively account for millions of cases (some of it made legally, some of it not).
By her own account Sanchez has on some 20 occasions been rejected for the much-detested exit visa that for decades was required of all islanders seeking to go abroad.
Offering employees a choice of placing their payroll taxes in their own retirement account reduces dependence on the state.
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Mark Brandon, a polar oceanographer at the Open University who specialises in public understanding of science, compiled his own account of recent communication on the Arctic.
But it looks to me like it took into account its own need for data when deciding to raise prices on those e-commerce vendors and failed to take into account the possibility that those customers would balk at paying a higher price especially if they can find a viable alternative.
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Do the rest of your college savings on the side, by investing through your own brokerage account.
Niyazov attached such importance to his own epic account of the Turkmen nation that questions on the text appeared in the national driving test.
Although Dr Duif discounts each of the conventional explanations on its own, he admits that they might, in combination, account for the Allais effect.
For the official word on the game, the New Orleans Super Bowl Committee has its own Twitter account.
One man claims to have had some fun with the tool at a New York Starbucks recently, looking at what a fellow WiFi user ordered on Amazon and then sending him a message about it from his own Facebook account.
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Even NBC's own Twitter account was posting photos from London's Olympic Stadium on Friday afternoon.
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The exchange said no pressure was put on Mr Murphy to resign and that he had decided to leave of his own account.
Contrast that to picks I make for my own account: I roll up my sleeves, spend days chewing on every possible factor, pore over pages of obscure trade journals, pester analyst friends on the phone, consider all the angles.
By his own account, he signed a confession while in handcuffs before being driven on to Moscow.
Instagram announced a feature on Thursday called Photos of You that lets people tag their own images with the Instagram handles of friends or anyone with an account on Instagram.
The permits stolen from the Czech registry are thought to have been transferred to an account in Estonia - one of the first countries to shut their own registry on Wednesday.
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