Gensler: We Should Be Able to Let Big Banks Fail

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June 15 (Bloomberg) -- U.S. Commodity Futures Trading Commission chairman Gary Gensler discusses the CFTC facing the possibility of widespread budget cuts across the government; the regulations that came out of Dodd-Frank (and how his commission has been charged with further defining these regulations); the lessons of 2008, and whether corporations that are "too big to fail" still exist; how the lessons of 2008 are playing out in Europe right now; what the ramifications of Greece leaving the Eurozone would be; the importance of regulations; Gensler's time at Goldman Sachs; and what is happening with Jamie Dimon and JP Morgan. TONIGHT on Charlie Rose @ 7p & 10p ET. (Source: Bloomberg)


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