Sanders blocking vote of man who deregulated Credit Default swaps=-2/2

Sen. Sanders Blocking Vote to Confirm Obama Nominee Who Worked to Deregulate Credit Default Swaps We speak with Independent Senator Bernie Sanders of Vermont, who is attempting to block President Obamas nominee to head the Commodity Futures Trading Commission, Gary Gensler, a former Goldman Sachs employee. Gensler worked with Sen. Phil Gramm and Alan Greenspan to exempt credit default swaps from regulation, which led to the collapse of A.I.G. and has resulted in the largest taxpayer bailout in U.S. history, Sanders said. [includes rush transcript]