Gary Gensler actually said...

we did not regulate the swaps marketplace, and it contributed to the crisis that we had in 2008.

Gensler discusses the lack of regulation in the swaps market leading to the 2008 financial crisis.

04/11/2011

More Gary Gensler Quotes

Just because he was in London, it was the American taxpayers that ended up on the hook for $180 billion.

Well, I think that what happened in 2008 and what was addressed by Congress was to ensure that the transparency comes to these markets and w...

We worked to comply with the cost/benefit considerations as laid out by Section 15(a) of our statute.

I am committed to take a look in November to see if there are things that we should do.