Can a Broken Financial System Be Fixed?

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Where were the regulators? With an economy in meltdown and one financial scandal after another making breaking news, it's a question that won't go away. Were government watchdogs muzzled by de-regulation or just asleep on the job? Who was regulating whom? What kind of reform is needed to protect the economy from the free-wheeling dealing that led to widespread financial failures?

Credits

Guests:
Kara Scannell - Financial Times - @KaraScannell, Binyamin Appelbaum - New York Times - @BCAppelbaum, Arthur Levitt - Goldman Sachs, Karen Shaw Petrou - Managing Partner, Federal Financial Analytics

Host:
Sara Terry

Producers:
Katie Cooper, Andrea Brody