The full PBS video is found here.
Below are the sneak previews:
Here story tells us why dissenting voices should never be repressed and great damage
can be brought about by powerful intelligent men driven by an common ideology.
"I've come to know her as one of the most capable, dedicated, intelligent, and committed public servants I've ever come to know. I wish I knew her better in Washington. I could have done much better. I could have made a difference."
- Arther Levitt on Brooksley Born
We have well paid regulators in Singapore but none of them with the courage and foresight to stop those toxic structured products from coming to our shores. At least Arthur Levitt admitted that he could have done better. Today to generate more trading income and encourage more hedge funds to set up shop here, we allow dark pools[Link] as regulators in other countries express concerns about these trades[Link]. As we go along the deregulation path, there are many lessons to be learnt.