Gary Gensler actually said...

I share your view that financial investors, index funds, contributed and participated in the asset bubble of last year.

Gensler acknowledges the role of financial investors in the asset bubble.

06/03/2009

More Gary Gensler Quotes

One year ago, the financial system failed the American public. The financial regulatory system failed the American public.

I think that if it is a standard transaction, it would be best to be brought into central clearing and central trading.

I think that FERC take the leadership over RTOs.

I think that the financial system so terribly failed the American public, and part of that is this over-the-counter derivatives world.