Former Sen. Judd Gregg, CEO of SIFMA, offers insight into the discussions among top officials and lawmakers about the global financial crisis and the government's response. Gregg also discusses the creation of the Troubled Asset Relief Program and other efforts to mitigate the crisis. "We were there because we knew that if this collapse occurred, everybody in America would be traumatically affected and the people that would be most traumatically affected would be every day Americans because they would be losing their jobs on Main Street," Gregg said. He also talks about the current state of the financial system.
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