Bloomberg News

Levitt Says Derivatives `Wonderful’ for Risk Balance (Audio)

May 14, 2012

Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission and senior adviser to Goldman Sachs, says derivatives are "very positive for our markets and have gotten a black eye" after a $2 billion loss by JPMorgan Chase. Levitt talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."

(Source: Bloomberg)

Running time 06:21


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