Gary Gensler
speaker
649 appearances
2 recordings
1 series
first heard Aug 2026
last heard 4d ago
Gary Gensler’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
If I have more information than you, you're called the less informed individual.
individual sometimes I would hear on Wall Street that the broad public were like the slow deer.
And the Goldman Sachs's or Morgan Stanley were the fast deer.
Well, now it's changed.
Maybe now it's Citadel or it's Jane Street or jump trading firms that are at the center of this capital market.
One other thing happens in finance, and it's a feature, is the borrowing of money and then trying to make money on borrowing money.
That's called leverage.
Banks do.
It and when they get into trouble, people want their money back, and that's called a run on the bank.
Market concentration and leverage and technological waves are all features of finance.
Voilà.
When I was born in the 1950s, and you said what was finance's total aggregate part of the US economy, it was maybe three percent.
When I went to Wall Street in nineteen seventy nine, it was maybe five percent.
And now it's eight percent.
You'd say, do we have a better economy?
For sure, we have a bigger economy.
But I'm saying, do we have a better economy?
Yeah, what's your answer there?
We have a less equal economy.
It's a far higher bit of inequality, wealth and income inequality.
Showing 301–320 of 649 · page 16 of 33
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