Gary Gensler actually said...

If the American taxpayer bails out JPMorgan, they would be bailing out that London entity as well.

Gensler warns that U.S. bailouts could extend to foreign branches of banks.

06/18/2012

More Gary Gensler Quotes

Five years ago tomorrow Bear Stearns failed. You might remember this was a large financial institution in New York.

There is always more work to be done, so if there are issues, we want to address them.

I stepped aside, I am not participating and have not participated in these last 18 months or so since that occurred.

the non-financial part of our economy employs 94 percent of private-sector jobs