On the recordJune 3, 2009
The amount of bad judgment exercised by people paid enormous amounts of money in salaries and bonuses is kind of breathtaking to me.
Source
congress.govThe amount of bad judgment exercised by people paid enormous amounts of money in salaries and bonuses is kind of breathtaking to me.
Gensler criticizes the poor judgment of high-paid individuals in financial sectors.
Share
More from Gary Gensler
If I can say, breaking the law and not liking the law are different than lack of clarity.
I think that the Congress' wisdom was to have an agency to oversee disclosure-based markets where issuers are asking the public to buy and sell their securities.
The New York Stock Exchange can't actually also run a hedge fund on and trade against their customers.
The only thing political is protecting the American public, which I think Members of both sides of the aisle will probably agree with.