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Eliot Spitzer: New Banking Reforms a 'Regulatory Charade'

Complete video at: http://fora.tv/2009/11/12/Eliot_Spitzer-Governments_and_Markets-From_Rand_to_Feinberg Former New York Governor Eliot Spitzer says the new wave of banking laws coming out of Congress is a "regulatory charade." He argues all of the mechanisms were already in place to avoid the financial crisis, but regulators failed to use the power they already had. ----- Drawing on his experience first as state attorney general and later as governor of New York, Eliot Spitzer addresses a wide range of issues having to do with the relationship between the government and the marketplace. - Safra Foundation Center for Ethics at Harvard Eliot Laurence Spitzer is an American lawyer, politician and the former Governor of New York. Spitzer was elected governor in the November 2006 election. He is the former New York State Attorney General, a member of the Democratic Party, and is married to Silda Wall Spitzer, the founder and chair of Children for Children, a non-profit organization.
Length: 03:22

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