Arthur Levitt Says Bear Stearns Is No Sign of 'Systemic Danger'

Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Carol Massar in New York about the implications of Bear Stearns Cos.'s hedge-fund failures and SEC Chairman Christopher Cox's plan to recommend new disclosure rules for municipal borrowers. Levitt is a board member of Bloomberg LP, parent of Bloomberg News. (Source: Bloomberg)

Bloomberg | July 18, 2007

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