9 years ago
Tuesday, September 14, 2010
Kathleen Reardon: Will They Pull a Brooksley Born on Elizabeth Warren?
Kathleen Reardon: Will They Pull a Brooksley Born on Elizabeth Warren?: "Remember Brooksley Born, former head of the Commodity Futures Trading Commission? In the late 1990s, Born sensed trouble was coming to a $25-trillion derivatives market. She pushed to strictly regulate derivatives under the Clinton administration, but lost the battle because she found herself on the wrong side of then Federal Reserve Chairman Alan Greenspan, Treasury Secretary Robert Rubin, his deputy Lawrence Summers, and Securities and Exchange Commission head Arthur Levitt."
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