New York Times to Financial Regulator: How Do You Do it?
The New York Times business section today interviews the "gung ho regulator" in charge of overseeing financial derivatives. So what are the tough questions we have for former Goldman Sachs partner (obviously)-turned Commodity Futures Trading Commission Chairman Gary Gensler? I'll list every one of them:
You've been in the job since 2009. What's the most challenging aspect?
The C.F.T.C. has taken up much of the implementation of Dodd-Frank. How challenging has it been?
What's the most absurd complaint you've received about the new regulations?
How would you describe the response you've received from industry lobbyists?
Can your staff handle the load?
Republicans have said that the C.F.T.C. is moving too fast in developing regulations. Are they right?
Does it ever get overwhelming?
Which is tougher, life on Wall Street or life in Washington?
Would you ever go back to Goldman?
Why leave a profitable career to come to Washington?
Will you run for public office?
How are you coping as a single father?
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post comments
There are only two questions that matter:
(1) When will the SEC be bringing criminal indictments in connection with the massive and widespread fraud in the derivatives markets?
(2) When will the SEC require that CDSs and CMOs be exchange-traded?
The CFTC Chairman probably can't answer most questions about what the SEC is going to do. But since the SEC has no criminal enforcement authority, the answer your first question is never.
"If you could be any tree, how many sewage pipes would your roots destroy?"
Do you like me? Check "yes" or "no".
If no, which girl in class DO you like most? And do you need me to pass her a note? *giggle*
Can your staff handle the load?
Wong and Owens are at the SEC now?
Do you like movies about gladiators?
Ever been in a Turkish prison?
You know, the other day I finally found out what Captain Over was talking about:
http://en.wikipedia.org/wiki/M.....ess_(film)
Please rate your chances in a monkey knife-fight. Capuchin and Macaques division.
Nothing about his London cobbler of choice?
I am disappoint.
"Christmas or Saturnalia?"
Briefs or Boxers?
Spit or swallow?
Makes the North Korean News Service look like Woodward and fucking Bernstein.
he served as assistant Treasury secretary in the Clinton administration and later advised Senator Paul S. Sarbanes, Democrat of Maryland and the architect of the Sarbanes-Oxley Act, which overhauled the nation's accounting rules.
Oh, goody.
That's funny. The OED doesn't have a definition for "overhauled" that means "fucked up." Huh.
Adversarial? Never heard of it sir.
Whew! I'm here!
Is this the 4:00 free crack giveaway?
Obviously the most pressing question is, fuckin' magnets, how do they work? Followed by, your place or mine.
Does this work anywhere but ICP concerts?
yes
And I am on a mission to prove it.
Crack journalism at it's best. Wouldn't want any of the NYT readers to be informed or anything.
Hey! This is a family blog - FAMILY!
"Well, I am a screamer... scares my wife a bit sometimes..."
"I did mention I scare my wife, didn't I?"
"Well, I did point out I was a screamer, so...."
"Well, I am a screamer... scares my wife a bit sometimes..."
And here I thought that I was the only guy who did that!
Old Mexican|2.11.11 @ 10:55AM|#
Can your staff handle the load?
Hey! This is a family blog - FAMILY!
Oh, this most certainly is . . .
Which no business person worth his salt ever reads...
How do you balance your responsibilities to the Guild against the interests of your colleagues on Ix and Tleilax?
What do you see with those metal eyes?
I don't get the joke here. Inquiring minds actually want answers to these questions.
It's a Dune reference. You didn't get it because you are not a major nerd.
Will you renounce Satanism, now that you have left Goldman Sachs?
Hungarian: My hovercraft (pantomimes puffing a cigarette)...is full of eels
(pretends to strike a match).
Clerk: Ahh, matches!
Hungarian: Ya! Ya! Ya! Ya! Do you waaaaant...do you waaaaaant...to come back to my place, bouncy bouncy?
Clerk: Here, I don't think you're using that thing right.
Hungarian: You great poof.
What's your point? That a business reporter didn't bother to ask whether he beats his wife, but instead focused on his job?
"How are you coping as a single father?"??
Republicans have said that the C.F.T.C. is moving too fast in developing regulations. Are they right?
Translate: It seems almost silly to ask you this, but since the Republicans brought it up and for some inexplicable reason people still vote for them, is your agency moving to fast in developing regulations?
That extra 'o' on the end of 'too' really was there before I shifted some words around.
Would you ever be in favor of banks actually having to take losses on bad bets?
How can you tell if a brown towel is clean?
The "Fluffer" is a movie about a naive young guy who starts working in the Gay Porn industry under (heh heh) his idol. OK, he is just a lackey whose job it is to blow the star just enough so that the star is hard for the scene.
So, in this obvious analogy to the movie, who is:
A. the porn star
B. the fluffer
C. the porn industry
please discuss
A. the dude being interviewed
B. the New York Times
C. the "news" industry
I can has cheezburger?
"So, that place where most people have a 'soul' - what do you have? Is it just a hole, an empty space? Or is there something else there, like an anti-soul or something?"
What, couldn't you find a movie titled The Fellator?
Any ideas on how to eliminate moral hazard from the banking industry?
what an amazing article is!
Love need your heart!