Regulatory System is Absurdly Complex, King Says

Kit Juckes, Societe Generale Chief FX Strategist, and Marc Chandler, Brown Brothers Harriman Global Head of Currency Strategy, discuss the latest in currency moves. Mervyn King, Former Bank Of England Governor, says we ought to be concerned about whether banking problems in other parts of the industrialized world could spill over into our economy.Bill Hoagland, Bipartisan Policy Center Senior Vice President, says you cannot govern in a country as large as the United States in a partisan way. Stewart Warther, BNP Paribas Head of U.S. Equity and Derivative Strategy, says it seems the market is anticipating that the worst is over. 

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