Guzzo the Contrarian

According to a CNNMoney.com headline, Paulson: Crisis of the century:

Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a “once or twice” in a 100 years event, even as he warned Thursday against imposing too-strict regulations to prevent a repeat calamity.

Treasury Secretary says the current financial crisis is rare, but warns against harsh regulations. Here’s breaking video of him reeling from the backlash after explaining what may happen if we ignore his concerns, and describing how the economy could easily fall underwater if we dismiss his warnings.

This video also includes his response to what changes we could expect without harsher regulation of Wall Street. Will things be different now?