Clinton Calls Advice He Got on Derivatives ‘Wrong’

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Former President Bill Clinton said his Treasury Secretaries Robert Rubin and Lawrence Summers were wrong in the advice they gave him about regulating derivatives when he was in office.

“I think they were wrong and I think I was wrong to take” their advice, Clinton said in an interview on ABC’s “This Week” program broadcast yesterday.

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Clinton Calls Advice He Got on Derivatives ‘Wrong’