Political Quotes

Gary Gensler: “If we let it go, it is going to pull down everything else. That was the central lesson of AIG.”

On the recordMarch 17, 2010
If we let it go, it is going to pull down everything else. That was the central lesson of AIG.
Said by
Gary Gensler
Democratic · District of Columbia

Editor's note · Context

Gensler emphasizes the risks of interconnected banks and the lessons from AIG's failure.

Share

More from Gary Gensler

Jun 4, 2024

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

congress.gov
Jun 4, 2024

The CFTC, I love, it is a great agency, but it was set up to do the derivatives.

congress.gov
Jun 4, 2024

It is rife with fraud, scams, and abuse.

congress.gov
Jun 4, 2024

If I can say, breaking the law and not liking the law are different than lack of clarity.

congress.gov

Other voices in this conversation