
Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Carol Massar and Erik Schatzker in New York about Treasury Secretary Henry Paulson's call for regulatory changes that would allow financial firms to fail without threatening broader market stability, its impact on the industry, and the outlook for Lehman Brothers Holdings Inc. Levitt is a senior adviser to the Carlyle Group and a board member of Bloomberg LP, parent of Bloomberg News. (Source: Bloomberg)
