Upload

Loading icon Loading...

This video is unavailable.

Clinton's Derivatives, Yeah

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Alberto Veronese's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Alberto Veronese's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Alberto Veronese's video to your playlist.

Published on May 23, 2012

Edited Extracts of Bill Clinton, Lawrence H. Summers, Robert Rubin explanations on derivatives during the Clinton administration.

Former President Bill Clinton says he was wrong to take the advice of his treasury secretaries, Robert Rubin and Larry Summers -- "[...] on derivatives, yeah I think they were wrong and I think I was wrong to take it (to accept their advice)...".

The former Federal Reserve chairman, Alan Greenspan, has conceded that the global financial crisis has exposed a "mistake" in the free market ideology which guided his 18-year stewardship of US monetary policy.

Related Articles:
Clinton Says Rubin, Summers Gave 'Wrong' Derivatives Advice
By Joshua Zumbrun - Apr 19, 2010
http://www.bloomberg.com/news/2010-04...

Bill Clinton's $80 Million Payday, or Why Politicians Don't Care That Much About Reelection
by Matt Stoller - Tuesday, May 22, 2012
http://www.nakedcapitalism.com/2012/0...

Obama's top economic adviser leaving
By Lori Montgomery - September 22, 2010
http://www.washingtonpost.com/wp-dyn/...

Google The Web:
Commodity Futures Modernization Act (CFMA)
U.S. Securities and Exchange Commission (SEC)

Please note that obviously I do not own the copyright nor do I have a license to distribute; such material is used to provide understanding for issues concerning us all.

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Advertisement
Loading...
Working...
to add this to Watch Later

Add to